Finances
More parents want flavored milk options for their children at school.
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Selling the cows? 4 things to avoid
Feeding a high-quality ration, maintaining consistent genetics, managing data and having a proper plan in place can add to your final paycheck.
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Economic update: A matter of interest
With borrowing rates rising, so has the interest in the impact on agricultural producers.
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June 2023 DMC margin falls below ‘catastrophic’ floor
Despite lower feed costs, lower milk prices drove dairy producer margins to new lows.
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Tools and processes for discovering your farm’s financial story
Consistent farm records, financial ratios, farm trend analysis and peer comparison are some of the tools that can help producers evaluate their financial situation.
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Understanding ASC 842 leases: A guide for dairy producers
This new standard introduces significant changes to the way leases are recognized and measured, impacting financial statements and disclosure requirements.
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You can farm, but you also need to manage your financials
Good financial management includes utilizing a timely and accurate balance sheet, an accrual-adjusted income statement and a cash flow statement.
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Recording and analyzing data: Does it really help?
Measuring weights and accurately recording health events can help improve management decisions, which is how we improve over time.
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Are high building costs impacting appraised dairy facility values?
Underlying market value, milk prices and construction cost are some of the factors influencing appraised values as building costs rise.
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What is the right number of heifers to raise?
Managing heifer inventories and determining how many heifers to keep is a more frequent and varied discussion today than in the past. Farms should ascertain exactly how many replacement heifers they need and strategize their management.
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