Most farms have some level of debt. How much and what kind of debt will vary from farm to farm.
As things stand for now, what we have in terms of price and dairy profitability should remain pretty much the same.
The 2015 forecast for milk price income on dairy farms is looking to be less than it was in 2014.
Perseverance — now that is an excellent vocabulary word. The definition is summarized as the ability to continue doing something or trying to do something even though it is difficult.
A few days ago, I was flying home from Washington D.C., having spent two days in a long meeting of questionable productivity.
It is discussed everywhere. In hard copy, in the coffee shop, and on the Internet: 2015 will not be the year that 2014 was.
Hello Northeast Ohio Dairy Farmers! With the passage of Ohio Senate Bill 150 this past June, farmers who apply fertilizer to over 50 acres of cropland each year are subject to a new certification requirement.
The dairy industry in Ohio contributes significantly to the state’s economy and in the provision of food well beyond the borders of Ohio. This industry ranks third in agricultural receipts and first in receipts from animal operations.
In all likelihood, expect a tough year for dairy production.
It doesn’t pay to be average in the dairy business. Do you know where you rank? Join the Ohio Farm Business and Benchmarking program.