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With the increased perception of conflict in society, employees may have a difficult time accepting negative feedback or managing conflict among team members.
On this Progressive Dairy Podcast, Peggy Coffeen sits down with Jay Joy, founder of Milk Money LLC, to learn how defining executive level roles within a dairy can propel the business forward, and how an outside perspective can lead to long-term viability.
With apologies to Benjamin Franklin, who said “The only two certainties in life are death and taxes,” dairy farmers can add cyclical highs and lows in milk prices and profitability to that list.
Are you sometimes left wondering if your employees understand the farm’s priorities and goals? Do your employees ever feel they get conflicting messages and wonder, “What does the boss want?”
Winter is a popular time to perform maintenance on farm equipment so you are ready to roll once the spring weather arrives. Maintenance work on equipment can come with some serious risks.
It looks like a good year, but let’s be cautiously optimistic about milk prices in 2022. Right now, the futures markets are expecting something like a $4.25-per-hundredweight (cwt) improvement in the average U.S. all-milk price for the year. We even have a futures contract for Class IV milk that is settling over $24 per cwt at the time I write this.
Weather, fluctuating commodity prices and now supply chain disruptions have and will continue to present challenges for dairy producers and nutritionists when sourcing feed ingredients.
For farm parents, gifts to children may take the form of agricultural commodities. Such transfers may be done to shift income to minor children to take advantage of their lower tax rates, assist with a child’s college costs or be made in exchange for the child to support the donor-parents.
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