Dairy Focus Newsletter, December 2007
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filed under:
Dairy Focus Newsletter Archive
In this issue: Locking in a Profit; New Dairy Insurance Plan Coming to Pennsylvania; Making Informed Decisions in Choosing Farm Management Software; Milk Market Watch; Quotable Quotes
Dairy Focus is a monthly publication of the Capital Region Dairy Team.
To subscribe to receive this newsletter electronically, e-mail dairyfocus@psu.edu.
- How Does Cost Efficiency Affect Farm Profitability?
- Clearly, cost efficiency is critically important to the profitability of the dairy farm. In particular, keeping direct expenses under control makes a huge difference in your farm's profitability outcome.
- Locking in a Profit
- The most important step in locking in a profit for any farming operation is to determine the cost of production, in terms of cost per unit of production.
- New Dairy Insurance Plan Coming to Pennsylvania
- USDA has approved a new dairy insurance program that is expected to be available in PA and 31 other states in the summer of 2008. This will be an additional risk management tool for dairy producers to consider.
- Making Informed Decisions in Choosing Farm Management Software
- There are numerous products available that do everything from basic record keeping to high end profit/loss projections. Every business has slightly different needs so making selection of the appropriate software exceedingly critical.
