Finances
Finances RSS FeedRSS

ARTICLES

Why dairy farmers invest

Dairy farmers invest in their operations for numerous reasons, including – but not limited to – planning for the next generation’s involvement in the farm, staying competitive, striving for continuous improvement, maximizing labor productivity and more.
November 26, 2024
Jim Moriarty

The reasons dairy farm families continue to invest and grow are rooted in the nature of dairy farmers and fundamental economic drivers. It is important to understand the drivers for investment decisions – both for planning on your own farm and for the industry overall.


Read More

Economic Update: Requirement for electronic ID tags now in effect

HPAI was confirmed in eight dairy herds in Utah in late October, making it the 15th state to find the disease in dairy.
November 7, 2024
Karen Lee
In news affecting dairy's bottom line:
  • Requirement for electronic ID tags now in effect
  • Utah becomes 15th state with HPAI in dairy, following mandatory surveillance
  • GDT index up 4.8%
  • November FSA interest rates continue to low
  • Farmer sentiment bounced back in October

Read More
Finance_-_Getty.jpeg

The mindset of margin management

Culture, labor and feed costs, risk management and revenue management are key considerations when managing margins on a dairy farm.
September 26, 2024
Brad Guse

Whether we’re at the high point of a cycle or in the depths of a downturn, the best managers regularly manage their margins. They understand that margin management is an “always” mindset, one that builds stronger positions during the good times so they can get through the bad.


Read More
Finance_-_Getty.jpeg

Business cash flow: Navigating high interest rates and inflation

Maintaining trust and open communication with lenders is key to navigating economic roller coasters, along with reducing unnecessary expenditures and focusing on having sufficient working capital.
September 16, 2024
Ryan Reeves

The current business climate of high interest rates and ongoing inflation is challenging. It requires business owners to be proactive and strategic with cash management, debt management and requires an overall increased focus on every aspect of the business.


Read More

Ag loan interest rates move in positive direction

Quarterly lender surveys reveal a slight drop in agricultural loan interest rates for quarter two of 2024.
September 10, 2024
Jenn Coyne

Here’s an update on interest rates from quarter two of 2024 as reported by Federal Reserve districts that share data impacting dairy finances.


Read More
Finance_-_Getty.jpeg

Tips for creating a monthly and annual spending plan

Separating farm and household expenses can help when creating realistic budgets for both.
September 3, 2024
Katie Wantoch

When it comes to farm versus household accounts, separate checking, savings and other accounts can safeguard business funds from personal ones, allow farms to monitor farm spending more easily and assist with recordkeeping of the farm’s finances.


Read More
Advertisement
THE GUIDE

How do I get my company listed in your Buyers Guide? 
Submit a request to be listed for FREE in the Buyers Guide here. 

Why can I only see so many articles before I have to register for the site? 
Find out why here.

How do I listen to the Progressive Dairy podcast?
Listen here.

How do I submit an idea for an article? 
Click here.

SUBSCRIBE OR RENEW Your Subscription to Leading Industry Magazines

Award-winning coverage of in-depth news and analysis to make your business more profitable.

Subscribe or Renew Today
Advertisement

I'm looking for ________

Find the right products and services for your farm, ranch or operation.

CHECK OUT OUR BUYERS GUIDE
Advertisement
PERSONALIZED CONTENT
Create an account and see website content tailored to your operation.  It only takes a few seconds!
SEE RECOMMENDATIONS NOW!