The dairy industry is capital intensive. Maintaining strong relationships with your lender, based on YOUR farm’s financial data, will help navigate through all the different market conditions. Specifically, using financial thresholds and benchmarking against similar farms will help your farm’s financial resiliency over time.
This month Dr. Chris Wolf joins us from Cornell to discuss the article is titled, “Financial risk and resiliency on US dairy farms: Measures, thresholds, and management implications”. Listen in to this deep dive into the metrics the Cornell dairy team used to benchmark over a 10-year period.
Additionally, we discuss the recent Silicon Valley bale out and if we should expect it to have any impact on Ag Lending. Understanding these key financial thresholds is an effective management tool for successful herds throughout New York, listen in to see what they can do for your farm!
#2xAg2030; #journalofdairyscience; @jdairyscience; #openaccess; #MODAIRY; #benchmark; #FINBIN; #CornellBusinessSummary; #financialresiliency
DSD 5.4 | Reconsider Choline for lasting returns
DSD 5.3 | Slight modifications of CIDR Sync - help or hinder?
DSD 5.2 | Stop fresh cow subclinical mastitis in its tracks without withhold
DSD 5.1 | Energy saved is energy earned
DSD 4.12 | Mature mamas sail through transition with beef cross calves
DSD 4.11 | Reproduction Revolution
DSD 4.10 | Prevent Early Embryonic Losses
DSD 4.9 | Is your starch locked up by Zein proteins?
DSD 4.8 | How does grass-based milk impact human nutrition?
DSD 4.7 | Ketosis and Antioxidant ability - Chicken or the egg?
DSD 4.6 | Accounting for accelerated genetic improvement
DSD 4.5 | Achieve Efficiency with Low N Rations
DSD 4.4 | Early Estrus Settles Cows
DSD 4.2 | How to anticipate colostrum changes
DSD 4.1 | Fueling the appetite of your herd
DSD 3.12 | One minute delay is costing you
DSD 3.11 | Ultrasound assessment of pneumonia
DSD 3.10| Fetal programming effects of Choline
DSD 3.9| Turn methane from a liability into an asset
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