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Home » Topics » Business Management » Risk Management

Risk Management
Risk Management RSS Feed RSS

Dairy price insurance continues to evolve

June 30, 2021
Ron Mortensen
Producers familiar with Livestock Gross Margin for Dairy (LGM-Dairy) will see improvements to the policy beginning July 1. Starting that Thursday, LGM-Dairy will be available weekly.
Read More
0921PD

Four tips to foster a healthy farmer-processor relationship

June 7, 2021
Mary Hookham
Customers’ changing demands from food producers are driving the importance of strong working relationships between dairy farmers and milk processors.
Read More
0321PD

Build financial security for your dairy in a time of uncertainty

February 5, 2021
Tristan Peterson
Many dairy producers struggle to find words to sum up the last 12 months in the industry. The onset of the pandemic was almost like a violent storm that formed quickly.
Read More

Milk price outlook hinges on demand at home and abroad

February 5, 2021
Mark Stephenson
A hallmark of 2020 was the degree of unpredictability. How many times in the last 12 months have we felt like saying, “I didn’t see that coming.” As we look forward to having that annus horribilis behind us, it is time to consider what we might expect in the year ahead.
Read More

Lessons learned from 2020

January 6, 2021
Brad Guse and Sam Miller
It’s fair to say that most of us are glad to put 2020 behind us. Dairy operators had to navigate multiple challenges that impacted their bottom lines. But, as we move forward, there are some important lessons dairy operators can learn from the experience.
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Risk management has many perspectives, tools

December 16, 2020
Emily Barge

Navigating an uncertain marketplace can be more successful by implementing a variety of risk management strategies best suited for the individual dairy operation, three Pennsylvania dairy producers noted during the 11th annual Dairy Financial and Risk Management Conference, hosted by the Pennsylvania Center for Dairy Excellence.


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Should I use risk management tools? Evaluate your financial risk

December 2, 2020
Jason Karszes and Christopher A. Wolf
With the volatility in milk prices this year, many questions have been asked by dairy producers about whether or not they should use available tools to potentially minimize the risk associated with negative milk price moves.
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2021 DMC enrollment period is Oct. 12 to Dec. 11

October 19, 2020
Dave Natzke
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.
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Dairy-RP and LGM-Dairy: Look forward to capture floor prices

October 1, 2020
Ron Mortensen
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.
Read More

Volatility drives need for risk management strategies

October 1, 2020
Mark Linzmeier
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.
Read More
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