Business Management
How to ask for better compensation and farm perks
Communicate openly about fair compensation, using tools and data. Align goals, discuss sacrifices, plan succession and match compensation to roles for harmony and growth of the farm team.
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October dairy risk management calendar is itself at risk
A government shutdown could impact administration of dairy risk management programs available through the USDA, as well as the ongoing FMMO hearing.
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Benchmarking: A way to optimize the profitability of your dairy farm
Benchmarking is a financial tool that aids in decision-making by helping farmers see their profits, trends and where to focus their attention to improve profitability.
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Economic update: Class I milk base price, culling rates hit five-month highs
The Class I milk base price rebounds in October while the year-to-date dairy cow culling rate is the highest since 1986.
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Confined spaces put a squeeze on safety
Considerations to improve safety when working in confined spaces on the farm.
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Pools and schools: A look at August FMMO numbers
Thanks to higher component values, August uniform prices improved outside of high Class I utilization marketing areas.
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How dairy farms with 500 cows or fewer can survive
Increasing efficiency, reducing expenses, paying down debt, sticking to a budget and investing in professional help where needed are five ways smaller herds can stay competitive.
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USDA cuts 2023-24 milk production estimates, improving outlook for prices
Dairy economic storm beginning to subside but clouds remain
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