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Managing Tighter Margins

Summary

The Extension Dairy Team over the past several years has seen a substantial increase in requests for cash flow plans. The emphasis has been to determine the breakeven cost of production and strategies to help manage margins. The team just finished 2014 plans with producer’s actual numbers and is now focusing on 2015 projections. Producers working with the dairy team for several years have implemented cropping and feeding strategies that have helped prepare them for 2015.