If you know me, you likely know I am originally from Argentina. One characteristic of people from Argentina is that they frequently use metaphors to describe circumstances
The thought of creating a business plan for your farm can be daunting, but this document serves several important purposes. For starters, it may be required by a lender when applying for financing. It...
Inflation seems to be everywhere in the economy today. The Consumer Price Index, a broad-based measure of inflation, has risen by nearly 9% over the last 12 months
For New York dairy farmer Skip Hardie, the last several years can be summed up in one statement. “Our farm went through financial hell for the last six-plus years as I'm sure a lot of your listener
dairy producers are seeing record milk prices due to strong worldwide dairy consumption and milk production not quite able to keep up with that demand. Inflation and many world events are painting an
Dairy farming has always been a capital-intensive business. There are a lot of fixed investments required to run a dairy farm as detailed in my March 2022 column
In just two years, Dairy Farmers of America (DFA) transformed itself from selling over one-half of its members’ milk to third-party processors to processing two-thirds of its own milk
When considering the acquisition of a long-term asset, a farmer is analyzing a capital investment. Dairy farms have multiple and diverse situations in which a capital investment needs to be evaluated
Leaving potential money on the table is something no farmer wants to do. Most often, we hear this fear in terms of risk management — it’s easy to put off locking in milk prices, or even feed...
“Three questions can come from this view of the ag cycle,” said Kevin Bernhardt, extension farm management specialist and University of Wisconsin-Platteville professor
Recently, I attended one of the many webinars available these days. By the end of the presentation, the speaker mentioned that the debt at a dairy can sometimes escalate to $12,500 per cow