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October dairy risk management calendar is itself at risk

A government shutdown could impact administration of dairy risk management programs available through the USDA, as well as the ongoing FMMO hearing.
September 26, 2023
Dave Natzke

With a federal government shutdown possible, October’s dairy risk management calendar has the potential to be scarier than Halloween.


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Benchmarking: A way to optimize the profitability of your dairy farm

Benchmarking is a financial tool that aids in decision-making by helping farmers see their profits, trends and where to focus their attention to improve profitability.
September 26, 2023
Rick Hamilton

While you can’t predict the future, financial benchmarking is a way dairy farmers can review concrete information about their operations – and how they compare to others in the industry – year after year. 


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Economic update: Class I milk base price, culling rates hit five-month highs

The Class I milk base price rebounds in October while the year-to-date dairy cow culling rate is the highest since 1986.
September 22, 2023
Dave Natzke

The Federal Reserve Board’s Federal Open Market Committee (FOMC) voted to maintain the interest rate for federal funds at 5.5%.


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Confined spaces put a squeeze on safety

Considerations to improve safety when working in confined spaces on the farm.
September 19, 2023
Amber Adams Progar

Despite the nearly 30% fatality rate, hazards related to confined spaces are often overlooked on farms. One of the challenges in addressing hazards around confined spaces is that they can be difficult to identify.


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3 Open Minutes with Jenn Charlton

September 19, 2023
Katie Coyne

Less than 10 years after competing on the coloured shavings of World Dairy Expo in showmanship, Charlton will be back to place the Junior competition.


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Pools and schools: A look at August FMMO numbers

Thanks to higher component values, August uniform prices improved outside of high Class I utilization marketing areas.
September 18, 2023
Dave Natzke

Here’s Progressive Dairy’s monthly review of August FMMO data  to provide some additional transparency to your milk check.


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How dairy farms with 500 cows or fewer can survive

Increasing efficiency, reducing expenses, paying down debt, sticking to a budget and investing in professional help where needed are five ways smaller herds can stay competitive.
September 18, 2023
Pauly Paul

The majority of U.S. milk production comes from dairy farms with 500 cows or more. However, that doesn’t mean those who milk fewer cows can’t find a way to be profitable, successful dairy farming businesses.


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USDA cuts 2023-24 milk production estimates, improving outlook for prices

Dairy economic storm beginning to subside but clouds remain
September 12, 2023
Dave Natzke

From this week's USDA World Ag Supply and Demand Estimates (WASDE) and Crop Production reports to Rabobank's quarterly Global Dairy update, Progressive Dairy summarizes factors potentially impacting dairy producer income.


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Who is in your herd? Peer networks vital to your well-being

Connecting with others who share your faith, profession or other common characteristics – whether locally or on a statewide or national level – can help combat loneliness, depression and improve health.
September 11, 2023
Michele Payn

How often have you had to explain that cattle are herding creatures? They like to hang out together, and it helps them; a cow alone is usually in some sort of distress.


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Essential skills for dairy leaders: Strategic thinking

Strategic thinking can help an operation become more agile and adaptable while focusing on the things that will set themselves up for success in the future.
September 8, 2023
Tim Schaefer

Strategic thinking anticipates future challenges, prepares to jump on unforeseen opportunities and aligns the farm’s goals. When done well, the farm becomes agile, adaptable while still staying focused on the basics.


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