Protecting Your Profits

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In this August installment of the "Protecting Your Profits" miniseries, Dairy Report Rundown, we were joined by Dr. Joe Bender, DVM, with the University of Pennsylvania to talk through the most recent USDA Crop Progress report. Dr. Bender provided his take on how this season's crops are shaping up so far compared to prior years. He also offered some advice on best practices on how dairies can maximize quality and reduce losses in feed and forage inventories. 

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In this month's "Protecting Your Profits" webinar, Dr. Jody Kull from Penn State University shared how dairy farmers can use their farm's specific protocols not just as a once-a-year way to check a box, but how to develop them to prepare for anything that might happen throughout the year. She explained how dairy farmers can use these protocols to mitigate on-farm risks and seasonal concerns such as mastitis, pneumonia and metabolic issues. She also shared real-life examples from farms who have developed their own protocols to successfully treat and navigate illnesses within their herds.

During the webinar, Dr. Kull covered how dairy farmers can use their protocols, how to identify clinical signs of illnesses, what monitoring looks like on the farm, and how to address concerns, illnesses, and diseases before they happen. Listen now!

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In this June installment of the "Protecting Your Profits" miniseries, Dairy Report Rundown, we were joined by Dr. Brian Reed, DVM, MBA, to talk through the May 2025 Pennsylvania DHIA report. Dr. Reed offered his insight on significant and surprising trends in Pennsylvania's herd performance and reproductive health. He also provided advice and guidance on how individual farms can use their DHIA reports to improve their profitability and make informed decisions.

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In this month's "Protecting Your Profits" discussion, Jacob Thompson and Andy McCarty, two experienced dairy business advisors from Land O’Lakes, were back to simplify the process of understanding your farm’s break-evens. They found a way to make a complex topic very conversational and resourceful, whether you're managing your farm's financials or helping your dairy clients know their numbers. 

Jake and Andy share how to discover your farm’s break-even price and, in turn, determine your Class III/IV break-evens so you can implement a sound risk management plan for your dairy operation. Listen now!

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In this April installment of the "Protecting Your Profits" minisode series, Dairy Report Rundown, Rob Goodling with Horizon Farm Credit joined us to discuss recent dairy price reports. He provided valuable insight into the current prices, influencing internal and external factors, and what dairy farmers can do to protect their bottom-line. 

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In this month's "Protecting Your Profits" discussion, Michael Sherman, Outreach Specialist and Beginning Farmer/Veteran State Coordinator for the USDA Farm Service Agency in PA, shared what dairy farmers need to know about the Dairy Margin Coverage program and how to enroll. Dairy farmers have until March 31, 2025 to enroll in the DMC Program for 2025. During the webinar, Michael offered his perspective on several important questions from producers: 

• With the current margin forecasts showing no payments for program year 2025, why should dairy farmers still enroll?
• What are some common mistakes or misconceptions farmers should avoid when enrolling?
• Are there any other FSA programs farmers can sign up for or should be aware of?

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In this February installment of the new "Protecting Your Profits" minisode series, Dairy Report Rundown, Zach Myers, Director of Member Services with Maola Dairies, sat down with us to discuss the December 2024 Dairy Products report. He covered key points, how the data measured up to expectations, and notable influencing factors. 

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To receive weekly dairy market updates via email each week, click here to subscribe and get the updates sent to you at no cost each week. 

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In this first installment of the new "Protecting Your Profits" minisode series, Dairy Report Rundown, Nicole Colgren, Sales Director with Total Farm Marketing, sat down with us to talk through the December 2024 USDA Milk Production and Cold Storage reports. She covered the significance of the reports, key takeaways, external influencing factors, and what she believes the future holds for the dairy industry. 

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In this month's "Protecting Your Profits" webinar, Kathleen Noble Wolfley and Colin Kadis from Ever.Ag projected the trends and opportunities that might be on the horizon for the dairy marketplace in 2025. They talked about milk supply expectations – both U.S. and global – new cheese capacity, importance of exports, dairy market outlook and domestic demand forecasts, "headline” risks, and ways to manage risk in this ever-shifting marketplace.

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Markets change and they don’t care about what you think they should look like – or what you might need for your cost of production. Are you setting yourself up for long-term success by capturing opportunities before they’re too late? Are you adapting to changing feed and dairy markets to guide your approach to risk management on your dairy farm? 
 
 In this month’s free “Protecting Your Profits” webinar, hear from Jacob Thompson and Andy McCarty, two experienced dairy business advisors. They will share how to control what you can through a solid risk management plan, no matter the level of volatility or uncertainty in the markets. As we approach the end of the calendar year, they will dive into the four main risk management products available to dairy producers who want to protect their revenue stream: Forward Contracting, Livestock Gross Margin, Dairy Margin Coverage, and Dairy Revenue Protection. Each program has different tiers, levels, and decisions that make it possible to tailor a plan that’s unique to your dairy operation.

To receive weekly dairy market updates via email each week, click here to subscribe and get the updates sent to you at no cost each week.