Farm Credit East, the leading lender to the Northeast dairy industry, will host a webinar: Dairy Update – 2014 Summary Report / 2015 Outlook, for dairy farmers and other interested parties on May 4 at 11am. This webinar is free to participate.
As part of the webinar, Farm Credit East will review the results of their 2014 Northeast Dairy Farm Summary and provide a 2015 dairy outlook. While dairy farms on the average had very strong earnings in 2014, farm milk prices have fallen dramatically since the beginning of the year.
Farm Credit East’s Dairy Farm Summary is used extensively throughout the Northeast to help farms benchmark their results and identify areas for potential improvement. This annual report compiles the financial results of hundreds of Northeast dairy farms to provide comparisons and analysis for individual producers to use in their own management.
The webinar will be held from 11 am. to noon and include an overview of this year’s report from Chris Laughton, Farm Credit East director of knowledge exchange. Following, Bill Zweigbaum, Farm Credit East business consultant, will comment on the results and present an outlook of the 2015 dairy market. As part of his role as a consultant, Mr. Zweigbaum works with individual farm operations to improve profitability.
Visit their website for registration information.