Management

Meeting changing consumer demands for nutritious snacking and convenience can boost dairy product consumption, according to panelists featured during the Professional Dairy Producers of Wisconsin (PDPW) annual Dairy Food and Policy Summit, held Dec. 19-20, 2018 in Madison, Wisconsin.

In 2014, Class III producer milk prices were above $20 per hundredweight (cwt). Milk protein was worth more than butterfat, and amino acid balancing was becoming the accepted technology for increasing butterfat and milk protein component levels.

Cost of production (COP) is one of the most important metrics to evaluate a dairy operation’s financial status. However, when discussing COP, people typically refer to cash flow and include purchased feed, labor, principal and interest payments, and any cash capital purchases.

The wait is (kind of) over. Last fall, trade authorities in the U.S., Mexico and Canada agreed to a trilateral free trade agreement (USMCA) that replaces the North American Free Trade Agreement (NAFTA).

A key component to running a family farm is based on the open relationships among the parents and their children. However, when times get tough, some parents may try to shield their children from stressful situations.

A day in the life of a dairy farmer involves wearing many hats. One of those hats is that of human resources. No matter the size of your farm, as long as you have employees, you need to be thinking about human resources.