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Simplify Your Financial Records Process - Articles Articles

Simplify Your Financial Records Process

Robert C. Goodling, Jr.

There is great potential in using software to help manage and decipher a business’ financial data. There are key concepts agricultural businesses can consider to simplify the process. More
"Fall Inspirations" by Erin Goodling
Dairy Outlook: November 2018 - Articles Articles

Dairy Outlook: November 2018

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

Milk prices appear to be starting a slow, methodical climb. Feed costs remain in flux with harvest and quality uncertainties. More
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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
Photo credit: Bigstock
Management Opportunities During Challenging Times - Workshops Workshops

Management Opportunities During Challenging Times

01/11/2019

Grove City, PA

Free
The discussion will focus on topics requested by the group. It will provide an opportunity to share strategies, experiences, and ideas with peers regarding dairy management during challenging times. More
Yogurt Dairy Refrigerator-2722678 by Albany Colley. Pixabay.com. CC0
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
Understanding Dairy Business for the Conservation Professional
Understanding Dairy Business for the Conservation Professional - Workshops Workshops
Free
The goal of this workshop is to help conservationists better understand the dairy business and become more effective communicators when helping dairy farmers consider and implement conservation practices. More
milk-spilt-white-glass-spill-1543193 by ponce_photography. Pixabay.com CC0
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
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Efficient Data Use Key to Maximizing Advisory Team Efforts - Articles Articles
Monitoring too many metrics can limit a team's discussion of current issues. Prioritize key data to make the best use of your team resources. 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
Out with the Old and In with the New - It is Feasible
Out with the Old and In with the New - It is Feasible - Webinars Webinars
Free
This free webinar recording is part of a Technology Tuesday series geared toward dairy producers, employees, and agribusiness professionals. More
Hard Cider Business Benchmark Survey
Hard Cider Business Benchmark Survey - Articles Articles
This study enables cider makers to identify areas for potential cost savings to allow their businesses to operate with more profitable margins and to further understand the current state of the cider production marketplace. More
Photo credit: Mat Haan
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
Photo credit: Coleen Jones
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
Join us as the sun rises for breakfast
Ag Progress Days - Dairy Industry Breakfast - Workshops Workshops
Please join Penn State Extension and the Center for Dairy Excellence for a breakfast session that will focus on "Thriving with Change." More
Equine Field Training (Private Event)
Equine Field Training (Private Event) - Workshops Workshops
Equine Field Training is open to conservation field staff who would like to learn more about horse farms. 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
"duck-2166056" alexas_fotos, pixabay.com CC0
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
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