Profitability
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.
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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.
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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.
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USDA cuts 2023-24 milk production estimates, improving outlook for prices
Dairy economic storm beginning to subside but clouds remain
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July 2023 DMC margin falls to $3.52 per cwt
Feed costs were mixed and milk prices weakened, driving dairy producer income margins to a new record low.
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Economic update: September 2023 Class I base price rebounds
July’s Dairy Margin Coverage (DMC) program margin and indemnity payments will be announced later this week.
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Back to school on costs of production
A discussion of costs and other metrics of profitability in the context of theory, evidence and future contemplation.
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Weekly Digest: Class I mover formula change losses add up
Here is a brief look at the news affecting dairy producers during the first days of August 2023.
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Economic update: ‘Dog days’ of summer have bark, bite
Here’s an update of factors impacting your dairy income as July-August’s “dog days” of summer near their conclusion.
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