Modern milk price risk management has been around for more than 20 years. As we have seen in 2020, with the impact of COVID-19 on the dairy market, milk price volatility is not going away.

My husband and I officially bought the cows three years ago. We’ve been learning together, working together and making the farm ours, slowly but surely. We took over the farm in the middle of a long downturn of the industry, and Michigan (where we live) was hit especially hard. We joked about why would we want to start farming in good times? Our mantra has been, “If we can make it through this, we can make it through anything.”