Stories by Dianne Shoemaker

Pricing corn can be a tricky decision

Thursday, August 26, 2010

COLUMBUS — How to price corn for silage is a perennially challenging question. The best answer will vary depending on the point of view: Are you buying or are you selling?

Don’t forget calves when heat soars

Thursday, July 29, 2010

Last weekend’s heat was the most challenging for bovines of all ages (and their people) so far this year. Milking cows are usually the primary focus of heat stress abatement strategies, as they are the animals generating the most heat on the farm due to their size and their stages of lactation. While they are […]

Cash flow planning is a good thing

Thursday, April 22, 2010

Cash flow planning. These are three words that typically inspire a response along the lines of “ugh,” “why?” or “never done it, never will.” If anything was ever going to happen to change that response, it would be the $1.50 drop in the Class III price from February to March, or more likely, the need […]

Dairy farmers have to know when to call it quits

Thursday, March 4, 2010

The cost of production number, combined with the four key numbers outlined in this article, will help each dairy farm define the point where the business is unlikely to be able to bounce back.

2009 Income tax issues: A professional may be your best bet

Wednesday, January 6, 2010

Most dairy producers were glad to see 2009 come to a close and are looking forward to a better dairy economy this year. Even though many farm families are facing net operating losses, income tax management is still an important issue that should be high on the 2010 “to-do”. Tax concerns. Why are income taxes […]

It is corn silage pricing season

Thursday, October 1, 2009

You don’t have to look outside to know what season it is in an Extension office. You can tell from the questions that come in. It is now corn silage pricing season. How to price corn for silage as a crop standing in the field is a regular and perennially challenging question. The optimal answer […]

The more things change…

Thursday, August 13, 2009

“Tho they may never expect to become farmers, urban youth will soon be in positions where their word may count strongly for the welfare of agriculture. Having them in your community offers a good chance to make lasting friendships for yourself and all farm people.” Inviting non-farm people to visit farms and farm communities is […]

DIBS address issues facing dairy producers dealing with milk prices

Thursday, April 30, 2009

Plummeting prices in the dairy industry are creating critical cash-flow and long-term survivability issues on Ohio’s 3,328 dairy farms. Full awareness Cost-cutting decisions must be made with full awareness of both short and long-term production and economic consequences. For instance, do you really save money by buying a bull and not purchasing frozen semen? A […]

Alternatives for dealing with down cycle

Thursday, March 19, 2009

Most dairy farm businesses are not cash flowing. Some may be if they priced first half milk production using futures or options contracts when the early 2009 prices were trading considerably higher than they are now. No sense in kicking yourself if you didn’t do that, just deal with what is. Protecting your equity and […]

Dairy farms are in the limbo line

Thursday, March 12, 2009

If you have ever taken a small child to a roller skating party, sooner or later some energetic teenagers corral the troops and organize them into a long line to do the limbo. While two kids hold onto either end of a long stick, each child tries to skate under the stick while bending backwards. […]

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About Dianne

(Dianne Shoemaker is an OSU Extension field specialist in dairy production economics. You can contact her at 330-533-5538 or shoemaker.3@osu.edu.)