Protecting Your Profits

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Last year, we developed a Dairy Producer Survey in cooperation with Penn State’s Smeal College of Business to see what the primary operator and herd demographics were for the state of Pennsylvania. We also wanted to address the impacts of the first outbreak of COVID-19 on PA’s dairy farms. In this episode, Zach shares the results of the survey and key trends found for Pennsylvania dairy farms.

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The USDA recently released its February Milk Production report, and in that report, they shared 2020 annual cow numbers and milk production results along with licensed dairy farm numbers.  In this episode of "Protecting Your Profits," Zach Myers shares some of the key trends that existed last year across the country. With Pennsylvania ranking #7 in total production, he also shares how PA compares to the rest of the top 10 dairy states.

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In our January 2021 podcast, Zach kicks off the new year by sharing an overview of current milk production numbers, an update on dairy exports, and information on how you can take advantage of Dairy Revenue Protection over the coming months.

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2020 has been a very challenging year, but dairy exports have been a bright spot. Despite the declines in milk prices, exports have helped bolster that price and kept it from falling as much as it could have otherwise. In our December 2020 podcast, Zach gives an overview of dairy exports throughout 2020. 

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In our November 2020 podcast, Zach gives an overview of what dairy farmers need to know about the upcoming Dairy Margin Coverage (DMC) and Coronavirus Food Assistance Program Round 2 (CFAP2) deadlines.

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In the October 2020 monthly podcast, learn more about how the markets are doing and what dairy exports look like in the midst of COVID-19. Zach also shares helpful information and reminders about the DMC and DRP risk management programs.

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Managing risk and protecting your profits on a dairy farm isn’t always easy, but it’s a necessary part of running your business. Welcome to the “Protecting Your Profits” podcast – a brief monthly update designed to give you the data, production trends, and national and statewide updates you need to manage your dairy’s risk management strategy. 

In this first episode, meet your host Zach Myers, Risk Education Manager at the Center for Dairy Excellence. Zach shares an overview of what you can expect from the podcast in a short trailer.

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.