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Last June, the USDA announced the enrollment period for the 2021 Dairy Margin Coverage (DMC) program will be held Oct. 12 – Dec. 11, 2020 through Farm Service Agency (FSA) offices.
Hiring Latino immigrants in the U.S. dairy industry started in the late 1990s, according to University of Wisconsin research. Since then, the U.S. has seen an unparalleled growth rate in the Latino population.
What investments would you like to make to your dairy farm? If it’s anything like ours, there’s a long list of improvements and updates on the wish list. But there’s an equally important question often harder to answer: What investments would you like to make in yourself and your team?
Dairy Revenue Protection (Dairy-RP) and Livestock Gross Margin for Dairy (LGM-Dairy) are the two insurance-based risk management products available to dairy producers.
Milk price volatility continues to be a major concern for U.S. dairy producers. That volatility – along with the recent experience of large negative producer price differentials (PPDs) – can have a significant impact on net milk prices.
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.
The milk-price risk management landscape has changed immensely over the last few years. This article takes a brief look at available programs and highlights what to consider when evaluating how to manage that risk.
The dairy industry is known for using a lot of metrics. There are reproductive metrics, financial metrics, production metrics and nutrition metrics. In the best cases, metrics help us make decisions and justify the decisions we make.
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