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Dairy Sense: Milk Income and Ration Perspective for Milk Fat - Articles Articles
A balance between components and volume may be the best strategy to optimize milk income. More
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Dairy Sense: Preparing for Mycotoxin Problems - Articles Articles
Uncooperative weather patterns can increase the occurrence of molds and mycotoxins. Minimize their growth in storage by proper management of harvest, storage, and feed out. More
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Dairy Outlook: October 2018 - Articles Articles

Dairy Outlook: October 2018

Robert C. Goodling, Jr., David L. Swartz, Claudia Schmidt, Ph.D., Timothy Beck, Virginia A. Ishler

Current dairy markets are hinting at potential gradual increase in milk price into 2019. Global trade volatility continues to hinder widespread optimism. More
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Dairy Outlook: September 2018 - Articles Articles

Dairy Outlook: September 2018

Robert C. Goodling, Jr., David L. Swartz, Claudia Schmidt, Ph.D., Virginia A. Ishler, Timothy Beck

Milk prices remain on the low side of a four-year modest price range. Monitoring a producer's individual price regularly is vital to see trends and potential opportunities at the farm level. More
Dairy Sense: Getting Those Extra Pounds of Milk
Dairy Sense: Getting Those Extra Pounds of Milk - Articles Articles
Focus on the first 100 days of lactation to find and fix bottlenecks that are limiting milk production. More
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Dairy Sense: What Is Soil Health? - Articles Articles

Dairy Sense: What Is Soil Health?

Virginia A. Ishler

Soil health affects soil fertility and production potential, which affects crop yields, quality, and production costs. More
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Dairy Sense: Feed Costs—The Big Player in Profitability - Articles Articles
Keeping feed costs in line with milk production can help you maintain a competitive margin, and there are several ways to achieve this goal. More
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Dairy Sense: Managing Family Living Expenses - Articles Articles
Taking an owner draw that exceeds milk income can create financial strain. Here's a simple method to calculate what the operation can cover for family living expenses. More
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Dairy Outlook: June 2018 - Articles Articles

Dairy Outlook: June 2018

David L. Swartz, Robert C. Goodling, Jr., Timothy Beck, Virginia A. Ishler

Milk price continued slow climb, but milk margins remain tight. Current tumultuous environment in global trade may limit long term progress. More
David Swartz, Penn State
Dairy Outlook: May 2018 - Articles Articles

Dairy Outlook: May 2018

David L. Swartz, Robert C. Goodling, Jr., Timothy Beck, Virginia A. Ishler

Long term survival of a dairy operation will hinge on management’s ability to find ways to push the cost of production below $17.50/cwt while maintaining some level of reinvestment in the operation. More
Photo courtesy of USDA NRCS, Maryland
Dairy Sense: The “Other” Enterprise on Dairies - Articles Articles
If forage needs for the herd are being met, crop sales may offer an additional revenue stream for dairy farms. More
Photo by Lynn Betts, USDA NRCS
Dairy Sense: Fixing Broken Financials - Articles Articles
Troubleshooting financials begins with evaluating liquidity, solvency, efficiency and profitability. This will require updating the income statement, cash flow and balance sheets. More
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Dairy Outlook: April 2018 - Articles Articles

Dairy Outlook: April 2018

Robert C. Goodling, Jr., David L. Swartz, Timothy Beck, Virginia A. Ishler

Pennsylvania dairy cash flows continue to be upside down as income over feed cost and milk margins shrink and are below breakeven levels. More
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Dairy Outlook: March 2018 - Articles Articles

Dairy Outlook: March 2018

David L. Swartz, Robert C. Goodling, Jr., Virginia A. Ishler, Timothy Beck

With cow numbers steady, increasing domestic milk production, robust inventory of dairy products, and other factors, there are no market signals to indicate strength for future milk prices. More
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Dairy Outlook: February 2018 - Articles Articles

Dairy Outlook: February 2018

David L. Swartz, Robert C. Goodling, Jr., Timothy Beck, Virginia A. Ishler

All milk price for December 2017 showed the anticipated drop from the previous month. Feed price were steady, created a slightly smaller Income over Feed Cost opportunity. More
Dairy Sense: Formula to Profitability is MBA
Dairy Sense: Formula to Profitability is MBA - Articles Articles
Successful farms implement good management practices, find balance in their various enterprises, and invest in appropriate assets. More
Dairy Sense: Qualifying for the Six Pound Club
Dairy Sense: Qualifying for the Six Pound Club - Articles Articles
Increasing milk components can boost milk price even if milk volume stays the same. More
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Dairy Outlook: January 2018 - Articles Articles

Dairy Outlook: January 2018

David L. Swartz, Robert C. Goodling, Jr., Virginia A. Ishler, Timothy Beck

Current predicted Class III price for the first 11 months of 2018 is averaging $14.57/cwt. To face the year with optimism is to be sure dairy producers really understand their cost of production. More
Photo credit: Dave Swartz
Dairy Sense: The Major Influencer of Cash Flow Mechanics - Articles Articles
Focus on total pounds of milk produced, not milk per cow, for positive cash flow. More
Photo credit: Matt Gabler
Dairy Sense: Know Your Herd’s Feed Costs? - Articles Articles
Maintaining positive cash flow on dairy farms requires good management of cropping, feeding, and financials. More
R. Goodling Penn State
Dairy Outlook: December 2017 - Articles Articles

Dairy Outlook: December 2017

David L. Swartz, Robert C. Goodling, Jr., Timothy Beck, Virginia A. Ishler

The milk price forecast for 2018 is starting to solidify, and good news is hard to find. U.S. milk production growth has slowed, but global supply is still hampering future price increases. More
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Dairy Outlook: November 2017 - Articles Articles

Dairy Outlook: November 2017

David L. Swartz, Robert C. Goodling, Jr., Timothy Beck, Virginia A. Ishler

Markets continue to move sideways with little prospect for forecast price improvement. None of the factors that are well known give much optimism for price improvement More
Dairy Sense: Reviewing the DHIA 202 Sheet
Dairy Sense: Reviewing the DHIA 202 Sheet - Articles Articles
Records and data are common place when operating a dairy. The dairy herd information association (DHIA) provides both a holistic and current overview of what is happening with the cows. More
Robert Goodling, Penn State
Dairy Outlook: October 2017 - Articles Articles

Dairy Outlook: October 2017

David L. Swartz, Robert C. Goodling, Jr., Timothy Beck, Virginia A. Ishler

October dairy outlook: little potential for increases in milk price; feed prices trending downward; harvests provide breathing room to milk margin/IOFC for Pennsylvania producers. More
Dairy Risk-Management Education: Tracking Milk Prices and Feed Costs
Dairy Risk-Management Education: Tracking Milk Prices and Feed Costs - Articles Articles
Milk and feed prices are extremely volatile. In this publication, two measures are developed to monitor milk prices and feed costs in order to have some degree of control over gross profits. More
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