Business Management
The July DMC margin is $9.92 per cwt, down $2 from June but still above the indemnity payment trigger.
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Assessments, permits and required roles for entering confined spaces
Farms have several confined spaces that must be assessed prior to entry.
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Farm succession planning with second marriages
Trusts can be very effective at establishing succession plans for second marriages, providing adequate income to the spouse while protecting the assets for the deceased spouse’s children.
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Keeping silage season safe
Machinery, heat stress, and silage storage and handling considerations for a safe silage season.
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May all-milk, mailbox price spread averaged 98 cents
The difference in the two announced prices can affect dairy risk management, since indemnity payments under the Dairy Margin Coverage (DMC), Dairy Revenue Protection (Dairy-RP) and Livestock Gross Margin for Dairy (LGM-Dairy) programs are all based on the all-milk price.
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Technology adoption isn’t always easy
Incorporating new technology, especially something that can be disruptive to daily management, isn’t as easy as flipping a switch. Three operation-specific characteristics can help ease adoption.
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Busting farmer burnout
Learn how burnout can take a toll on one’s health and productivity and actions to reduce or avoid it.
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