It’s uncertain what will happen in the next quarter or two, but we all want to see farms succeed. Dairy farms help feed the world, and by taking a closer look at your operations, expenses and the comfort of your cows, you can identify areas for improvement that will keep your business profitable.

The list of notable weather events in 2023 is long and varied — from drought conditions in parts of the Midwest, to extreme flooding in portions of New England, to smoky skies from Canadian wildfires.

Excitement continues to build within the beef industry, spurred by higher prices for every class of cattle.

As the crop planting season approaches for most regions in Idaho, understanding what operating costs will look like in 2024 is crucial for farm businesses.

“No doubt, we’re going to be strong and growing for the foreseeable future,” says IDA CEO Rick Naerebout “It won’t be at the aggressive pace of the past because of processing capacity and having enough water to grow silage and hay long term.

Aren’t we often waiting for something to happen, dreaming of some future set of circumstances that we hope will make our operation profitable?

Costs of production are a common theme of farm profitability. However, it is also often confusing, elusive and changing.