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
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
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...
Profitability can be sliced and diced in a variety of ways to analyze how well a business is doing, what is being done well, or where there are challenges. A financial analysis system called “
With no family farm to call home, Adam Borchert of Tree-Hayven Holsteins started his future in the dairy industry by renting a farm in Auburndale, Wis., in 1998
It’s been over two months since the 2017 Western Dairy Conference was held, but my brain is still thinking about something one speaker said: “Fifty percent of U.S. dairies will change ownership
Not too long ago, my siblings and I finalized our late parents’ estate. It has been a long journey from the time our mother passed away six years ago. Eighteen months later, we moved our dad o