Business Management
Here’s an update of factors impacting your dairy income as the calendar turns to July.
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May 2023 DMC margin plummets to $4.83 per cwt
A declining U.S. average milk price more than offset lower average overall feed costs, shrinking the milk income margin.
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Asset-based valuation vs. business valuation: What’s the difference?
Reviewing tangible and intangible assets are two factors when determining an operation’s value.
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A matter of growing concern: Agricultural workers in smoky conditions
The increasing frequency and severity of wildfires call for proactive measures from employers and regulatory agencies to safeguard farm workers.
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Flourish in the trenches of transformation
Change is inevitable. Understanding the process of change and how to adapt may help individuals thrive in unfamiliar situations.
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Create an effective conversation on farm transition
Change is difficult, whether it is a change in business or transitioning the business from one generation to the next. Develop a plan and effectively communicate between parties to avoid a failed transition.
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Effective leaders build safety culture
Communicating effectively, leading by example, listening and rewarding employees’ farm safety efforts are some of the ways to establish safety as a top priority with your team.
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How to increase dairy farm cash flow
An overview of the changes one dairy farm made in the parlor and feed center that increased labor efficiency, enhanced milk quality and increased overall profitability.
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Dairy risk management calendar: July 2023
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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Weekly Digest: Congress headed home
Here is a brief look at the news affecting dairy producers for the week of June 18-24, 2023.
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