With interest rates, inflation and input costs on the rise and milk futures trending in the opposite direction, a lot of dairy producers I talk to are asking me this question: Is it possible to be a profitable dairy farming business, despite these external pressures?

New York dairy industry members are expanding the mission of “97 Milk,” sharing milk education with consumers and promoting the passion dairy farmers have for their craft.

How to make sense of massive amounts of data generated on farms to help inform decisions, track progress and improve profitability.  

Grandma was crying at the end of the kitchen table, and hate was too mild of a word to describe the feelings the two sisters-in-law had for one another.

Many business owners and farmers often do not prepare their own federal tax forms due to the complexity of the tax laws. At the beginning of each year, farmers must review their recordkeeping, generate income and expense reports, capital asset purchases and sales lists, and meet with their tax professionals.

With all the talk around interest rates, inflation and feed prices, I’d like to take some time to work through how they will impact your farm and the dairy industry as a whole in 2023.

The phrase “mental health” is becoming more talked about in the agriculture industry, but it’s still a subject that often leads to feelings of discomfort and embarrassment.

In my 30-plus years of working with farm families, the negative effects of farm distress on behavioral well-being and brain health have become quite apparent.

How often have you seen a highly skilled manager fail in leading their team? Some signs are high turnover, lax standards and low morale. How often have you seen employees or owners in charge of managing people struggle to connect with employees and keeping everyone aligned with the goals?

Farm profitability faces significant pressure in 2023 as availability and high costs for farm inputs continue to be concerns. Deciding when to buy products and at what prices is a challenge given global and domestic market uncertainty. To secure products at reasonable prices, consider creating an input purchasing plan.