Risk Management
Rising interest rates will have an impact on cost of production and breakeven and may require additional communication with lenders, advisers and vendors, as well as right-sizing risk management tools and operations.
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2023 DMC enrollment deadline extended until Jan. 31
Enrollment deadline was scheduled to close on Dec. 9, 2022.
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Assurance Watch: FARM Biosecurity Program helps safeguard your herd and employee health
The National Dairy Farmers Assuring Responsible Management (FARM) Program was created by the National Milk Producers Federation in partnership with Dairy Management Inc. The FARM Program works with dairy producers, cooperatives, processors and industry partners through five program areas – animal care, antibiotic stewardship, biosecurity, environmental stewardship and workforce development – to show customers and consumers that the dairy industry holds itself to the highest standards and best management practices. Visit nationaldairyfarm.com to learn more.
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DMC margin continued to shrink in July
The July DMC margin is $9.92 per cwt, down $2 from June but still above the indemnity payment trigger.
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SUMMARY
Making good decisions during the current upswing
Sound decision-making now will lay the foundation for how your operation will fare in the next downturn.
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