Dairy Risk-Management Education: Tracking Milk Prices and Feed Costs

Milk and feed prices are extremely volatile from one month to the next and can have an adverse impact on a dairy farm's gross profitability. If milk prices fall and feed costs rise, farm profits can be squeezed. The key is to develop a system to monitor and budget milk prices and feed costs in order to have some degree of control over gross profits. In this 6-page publication, two measures are developed to monitor milk prices and feed costs.

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