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Amber Hewett, M.Sc., is the CFO and founding partner, with her husband, of Lakeshore Dairy Services in Kewaunee, Wisconsin. Lakeshore Dairy Services provides financial and business strategy consulting, reproductive management consulting as well as on-farm reproductive management services.
The sun is setting on your last day of harvest, everything is either in the silo or covered in the bunk, and now it is time to determine how successful your cropping year has been.
It is easy to measure the impact certain decisions on your dairy have to your profitability. Changing the number of cows you are milking has a direct impact to the pounds of milk produced, changes to rations have a direct impact on feed costs, and high animal health incidents directly increase the vet and drug bill, just to name a few.
