“Lack of planning will eventually adversely affect – if not even cause you to lose – all that you and your family have worked so hard to gain and preserve.”

Keeping up to date and staying in-the-know is important for all dairy farmers, especially in challenging times of milk prices. John Newton, senior director of economic research at the National Milk Producers Federation (NMPF), shared a brief snapshot of what the markets did in 2015, as well as what might help protect prices in 2016 during his workshop presentation at FarmFirst Dairy Cooperative’s annual meeting, which took place Feb. 12-13 in Onalaska, Wisconsin.