MANAGEMENT

There are many opportunities on a dairy to have multiple profit drains. What are profit drains?

These are costs that occur on dairy operations on a daily basis that are often overlooked because they are hidden or lack significant monitoring or justification – but still cause profits to decrease.

One structure that can be used effectively is a farm partnership. This article will outline how a partnership can be used as well as some tax planning opportunities that are available.

If you’ve spent any time at all with Dr. Greg Bethard, you know he is not only an outstanding nutritionist but an excellent teacher in and out of the classroom.

He’s the kind of person I like to hang out with because a conversation with him is always going to be thought-provoking.

There’s an old saying, “You can’t teach an old dog new tricks.” What do you think? Would you agree? Of course, you’re not a dog, and you probably don’t do any “tricks.”

But this saying isn’t really about dog tricks. It’s about people and our ability to learn new things and change our ways. Actually, that’s not entirely correct either.

There’s nothing scarier for farm families who are trying to gain control over their lives than to have no clue about what the future holds.

I am chuckling as I write because recently I have been gently asked over the phone if I would like the “senior’s discount” for age 55-plus, and I qualify.

There is no doubt in my mind that the vast majority of dairy farm owners care about and care for their animals. There is also no doubt, however, that society’s perception of appropriate animal-care practices has changed and continues to evolve.

It is also clear that the perceptions of consumers about the attributes of the dairy products and meat they purchase are changing.