Managing Feed Costs and Milk Production for Financial Stability on Dairy Farms
Penn State Extension educators provided advice for how to prepare a dairy farm for uncertain economic times.
Source: lancasterfarming.com
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Milk price risk tools have become a must
Three years have passed since the COVID-19 pandemic began, but there has been a very clear lesson learned regarding the need for risk management. While the tools used from one farm to the next may be different, the data is clear — risk management ha
Source: hoards.com
Dairy Margin Coverage Sign-Up Rate Remains Unchanged in 2023
Farmers signed up for USDA’s main dairy risk management program in 2023 at about the same rate as last year.
Source: lancasterfarming.com
Still looking for a risk management option?
Just like a rollercoaster, milk prices have been moving up and down within very short periods. Consider that in January 2022, the All-Milk price started at $24.20 per hundredweight (cwt.). It th,Hoard's Dairyman Intel - Thursday
Source: hoards.com
2023 DMC Enrollment Deadline Extended to January 31
Madison, Wis. - The USDA's Farm Service Agency (FSA) recently announced that it has extended the enrollment and coverage election period for 2023 Dair...
Source: wxerfm.com