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Make data-driven decisions for seed corn

With $6.50 per bushel of corn, corn silage is worth considerably more per ton today relative to five years ago. Using a multiplier of 10 times the value per bushel for corn grain nets a $65 per ton pr,Hoard's Dairyman Intel ....

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5 Ways to Manage Inflation on the Farm

To save money and fight inflation, dairy farmers can do a lot of little things that add up. ....

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12 criteria to measure dairy farm success

Farm Progress
BIGGEST EXPENSE: Feed cost is usually the No. 1 expense on a dairy farm, consultant Gary Sipiorski said. It can account for 30% to 45% of the milk check.
Farm Financial Standards Council offers “Dairy’s Dozen” to determine farm’s profitability.
After the farm crisis in the 1980s, the Wisconsin Banker’s Association started to analyze a dairy farm’s financial situation,” said Kevin Bernhardt, agribusiness professor at University of Wisconsin-Platteville. This group evolved into the Farm Financial Standards Council. The group still meets once a month.
“The Farm Financial Standards Council looks at 12 factors to determine if a dairy farm is profitable,” Bernhardt explains. ....

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Wisconsin Ag Connection - PDPW to Hold Financial Literacy for Dairy Program

Wisconsin Ag News Headlines
Wisconsin Ag Connection - 12/11/2020
The Professional Dairy Producers of Wisconsin is organizing its fourth annual Financial Literacy for Dairy program. Open to dairy producers, veterinarians, nutritionists, and other agribusiness professionals, coordinators says the course will be facilitated by
speakers who will provide dairy farmers and allied industry with the knowledge base and financial acumen needed to successfully and confidently make daily, annual and long-term strategic decisions for their dairy business.
Courses will be held in Juneau during the winter months.
Speakers include Gary Sipiorski, an independent business and financial consultant; Dr. Kevin Bernhardt, Professor of Agribusiness at UW-Platteville School of Agriculture and Farm Management Specialist with UW-Extension and Center for Dairy Profitability; ....

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