Thursday, April 27, 2017
Tags Posts tagged with "dairy prices"

Tag: dairy prices

The American farmer is expected to feed, fuel, and clothe the world, take all the risk with no guarantee of receiving fair compensation for their hard work.

Controlling expenses will continue to be an important factor in both short and long-term profitability of dairy farms.

The dairy industry will continue to modernize with new herd management technology, robotic milkers and automated milk feeding systems.

Change may be necessary in how you view and measure success and how you manage your dairy farm if you want to ensure its survival.

Dairy farmers are operating in a very different market than their parents or grandparents did.

A total of 40 dairy enterprises participated in the 2015 Ohio Farm Business Analysis and Benchmarking Program, which includes data for more than 12,600 cows, representing nearly 5 percent of Ohio's dairy herd.

The bottom line is that more milk is available for sale than there are buyers, either domestically or internationally.

To reach and maintain a profitable milk price, we have to export milk or milk products. The total value of US exports has been remarkably flat in 2016, averaging about $320 million dollars per month — the lowest levels seen in the last four years.

Who is profiting in the dairy industry?
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