Protecting Your Profits
Managing risk and protecting your profits on a dairy farm isn’t always easy, but it’s a necessary part of running your business. Welcome to the “Protecting Your Profits” podcast – a brief monthly update designed to give you the data, production trends, and national and statewide updates you need to manage your dairy’s risk management strategy.
Protecting Your Profits
August 2024: The read on feed markets, a market update and intro to managing feed risk with Ever.Ag
In this month's episode, Kathleen Noble Wolfley and Bryce Windecker from Ever.Ag explored market factors that are influencing feed price and shared strategies to help farmers mitigate feed price risk. They gave an update on key feed commodity markets, including corn, soybean meal, canola and cottonseed. They also shared a deep dive into basis trends in the Northeast and ways for livestock producers to manage feed risk.
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