The Center for Dairy Excellence will host the “Protecting Your Profits” conference call, noon Jan. 28. It will provide an overview on the current dairy industry trends and markets. Alan Zepp, risk management program manager for the Center for Dairy Excellence, will host the call.
The call will touch on the volatile milk market and what the future may look like, as well as staying competitive in the market using tools available from the center. Milk prices continue to ride the roller coaster that is becoming a normal part of the dairy industry in the United States. Last summer we saw that when the demand for dairy products, especially butter, grew more than the supply, prices climbed quickly and dramatically.
“Effectively managing milk margins requires the same cool calm composure during volatile markets that you display to that first calf heifer you are trying to help calve even though she gets up every time you approach her,” Zepp said. “Think about the margin, not just the price. Your marketing plan can help put price goals and sales targets into perspective while you protect the cash reserves you earned last year.”
These conference calls are free but registration is needed to obtain the call information. Contact the Center for Dairy Excellence at 717-346-0849 to register and receive more information about the monthly conference call learning series or by e-mail at firstname.lastname@example.org. More information about this and other resources from the center can be found at www.centerfordairyexcellence.org.