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Management

Manage dairy employees, establish farm protocols, take on milk marketing, and become more confident in your farm financials.

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When someone mentions A.I., minds in the dairy business immediately think about artificial insemination. However, this article will focus on a different type of A.I.

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Many dairy parlors are using a biometric system to authenticate employees’ attendance and as a time clock for punching in and out or entering and exiting work stations. The term biometrics is derived from the Greek word bio (life) and metrics (to measure).

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Why should a 21st-century dairy farmer have to approach his business as if he’s still in the 20th century?

Agriculture remains the least-digitized industry, says the McKinsey Global Institute.

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Whether it’s a piece of property or a tractor, once you’ve decided to make an investment in your business, the question then turns to the source of capital to finance that investment. Do you invest your cash? If so, how much?

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Cows don’t like to get stuck in muck. Many stressed-out dairy families are also seeking solutions to get transition plans unstuck and moving again. Fairness is a key challenge in the process.

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For years, we have talked about markets and their behavior. We study supply and demand features. We discuss exports and trade policy. We analyze chart patterns and talk about technical influences. But there remains one element of the market seldom mentioned. There is a particular group of people often left out of the conversation – speculators.

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