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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
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
"Open road stormy sky" Desertrose7, pixabay.com CC0
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
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
Cash Flow Planning Cash Flow Planning - Articles

Cash Flow Planning

Virginia A. Ishler, Timothy Beck, Robert C. Goodling, Jr.

Keys to managing your operation for dairy profitability. More
Photo credit: Heather Weeks
Financial Troubleshooting for your Dairy Business - Articles Articles
Five steps to monitoring the financial health of a dairy business. More
Dairy Risk-Management Education: Managing Income Over Feed Costs Dairy Risk-Management Education: Managing Income Over Feed Costs - Articles
To remain profitable, producers should be monitoring and making decisions based on their herd's "income over feed costs" (IOFC). More
Trading Corn Silage Guide
Trading Corn Silage Guide - Articles Articles
Traditionally farmers traded corn as dry shelled or dry ear and priced it by the bushel – 56 or 70 pounds. This is simple when the commodities are in these stable and uniform forms. More
Where’s the Variation in Dairy Breakeven Costs?
Where’s the Variation in Dairy Breakeven Costs? - Articles Articles
An examination of 2015 cash flows for 107 Pennsylvania farms showed that breakeven cost ranged from less than $16/cwt to over $22/cwt. More
Financing a Dairy Farm Modernization: What Your Banker Wants to Know
Financing a Dairy Farm Modernization: What Your Banker Wants to Know - Articles Articles
For major renovations or expansions, a lender will want a comprehensive financial plan that proves the farm’s past profitability and justifies the expansion for further profits down the road. More
Using a TMR Mixing Sheet to Control Rations and Determine Feed Costs
Using a TMR Mixing Sheet to Control Rations and Determine Feed Costs - Articles Articles
Instructions for using the TMR Mix Sheet spreadsheet to accurately mix total mixed rations. More