MANAGEMENT

Thanks to increasingly tight margins, dairy producers are searching for returns wherever they can find them. For some, that means exploring value-added opportunities outside their core operations.

In October, two Canadian universities released a report outlining a roadmap with changes for the nation’s dairy industry.

Knowing what is really going on with the health of your transition cows is not just important – “It is critical to overall profitability and production. The financial impact of transition cow disease is greater than we realize,” said Dr. Mike Overton.

It’s no secret the coronavirus pandemic has changed the way people are thinking about food. Half-empty grocery store shelves brought on by panic buying at the start of business shutdowns were a reality in many parts of Canada.

Fires on farms and in farm buildings are on the rise. Unfortunately, when a fire breaks out on a farm, it is often too late to put it out, increasing the damages and loss.

“Succession planning would be considerably less difficult if the long-term stability of the agricultural industry was more predictable. Given the current hurdles, long-term profitability is very uncertain.