16 episodes

Managing risk and protecting your profits on a dairy farm isn’t always easy, but it’s a necessary part of running your business. Welcome to the “Protecting Your Profits” podcast – a brief monthly update designed to give you the data, production trends, and national and statewide updates you need to manage your dairy’s risk management strategy.

Protecting Your Profits Center for Dairy Excellence

    • Business

Managing risk and protecting your profits on a dairy farm isn’t always easy, but it’s a necessary part of running your business. Welcome to the “Protecting Your Profits” podcast – a brief monthly update designed to give you the data, production trends, and national and statewide updates you need to manage your dairy’s risk management strategy.

    November 2021: Updates on milk margins and price floors to guide risk management decisions in the new year

    November 2021: Updates on milk margins and price floors to guide risk management decisions in the new year

    In our November “Protecting Your Profits” podcast, Zach reviews the latest data and updates about the milk marketplace to guide decision-making and risk management strategies. He also provides an update on DMC margins, Dairy Revenue Protection projections, and the Pandemic Market Volatility Assistance Program relief payments. 

    • 18 min
    October 2021: Dairy market outlook with Phil Plourd

    October 2021: Dairy market outlook with Phil Plourd

    In our October “Protecting Your Profits” podcast, Zach reviews the latest data and updates about the milk marketplace and welcomed Phil Plourd, President of Blimling and Associates, as a special guest. Phil broke down the current dairy market situation and shared what he thinks producers can expect heading into the new year. He discussed continued volatility, forward pricing, feed cost relief, domestic demand, fluid milk sales, and more!

    • 59 min
    September 2021: Updates on dairy markets, exports, and relief payments

    September 2021: Updates on dairy markets, exports, and relief payments

    In our September “Protecting Your Profits” podcast, Zach reviews the latest data and updates about the milk marketplace to guide decision-making and risk management strategies. He also provides an update on the USDA Pandemic Market Volatility Program and its timeline for providing COVID-19 relief to dairy farmers. 

    • 17 min
    August 2021: Market updates and upcoming relief payment news

    August 2021: Market updates and upcoming relief payment news

    In our August 2021 "Protecting Your Profits" podcast, Zach provides market updates for the United States and Pennsylvania to guide your risk management decisions. He also shares news about the USDA Pandemic Market Volatility Program that will provide COVID-19 relief to dairy farmers and new changes that were announced for the Dairy Margin Coverage program.

    • 26 min
    July 2021: Continued milk production and dairy export growth

    July 2021: Continued milk production and dairy export growth

    In our July 2021 "Protecting Your Profits" podcast, Zach shares key highlights of the most recent USDA dairy-related statistics for the United States and Pennsylvania – including continued milk production and dairy export growth. He also provides Dairy Margin Coverage and Dairy Revenue Protection updates to help dairy producers make risk management decisions.

    • 12 min
    June 2021: Post-pandemic dairy inventories and production updates

    June 2021: Post-pandemic dairy inventories and production updates

    In addition to monthly market updates, in our June 2021 podcast, Zach shares some post-pandemic updates as most states lift COVID-19 restrictions on food-service establishments. With these restrictions being lifted, domestic dairy usage has increased and dairy product sales to food service have eclipsed retail dairy sales for the first time since the pandemic began. Zach also provides the latest Dairy Margin Coverage and Dairy Revenue Protection updates to help dairy producers make risk management decisions.

    • 24 min

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