When a person sets out to be a dairy farmer, they’re probably not doing it with the goal of leading a team of people. But that is an increasingly important role dairy farmers are taking on, whether...

Margins in the dairy industry have become more pinched over time. Some farms grow larger to keep margins profitable, but if your goal isn’t to get larger, what does the future look like for a small...

There are types of planning that I just love. Task me with making a meal plan for the week, and I am happy as a clam for thirty minutes or so as I research new recipes and page through old favorites to...

With low milk prices and rising costs for inputs, 2023 is not shaping up to be a profitable year for dairy farmers

Though 2023 has largely been a financial disappointment for dairy farmers, those effects have been somewhat buffered by the strong milk prices received through much of last year. That’s reflected...

As most dairy farmers know, the previous milk check was quite disheartening

As fast as agriculture is changing, some things have stayed the same. Most farms — over 90% — are still family owned and operated

“Who’s Gonna Fill Their Shoes” is an old George Jones song that discusses the future of country music

In a recent publication in the Journal of Dairy Science, a group of scientists from Cornell University highlighted the importance of financial resiliency to manage economic risk in dairy farm businesses

A farm transition is a serious investment into the future of the business. It must also be an investment into the future of both the outgoing and incoming generations

Dairying provides many little instances of joy

Being in an unproductive meeting is frustrating for all involved. When no one feels like they are being heard, attendees think their time is being wasted

In a farm business, planning for an owner’s later years is an important aspect of a farm succession plan

Oklahoma State University created a model that compares business and estate transition strategies and the probability of success

In a perfect agriculture world, farms would pass seamlessly from one generation to the next

By planning early for succession, farm owners have the chance to minimize debt, put plans in place in case of an unexpected death or accident, and pass on the knowledge necessary so the next generation...

It’s almost time to ring in the new year. Now is the time that farmers need to be collecting, tracking, and using information to prepare for the end of 2020

“When things go crazy, what do you do? Does your team come together or fall apart?” Michael Hoffman asked those questions during his presentation at the Professional Dairy Producers of Wisconsin’s...

Previously, a financial analysis system call “DuPont” was introduced that assesses profitability through three primary levers