By Sarah Allen
The dairy industry requires navigating many volatile markets. From fluctuating prices to weather events that impact crop quality and yields, dairy producers are expected to front the costs and remain profitable. One of the most important business decisions you can make as a dairy producer is developing a risk management plan. Risk management on dairy farms can include margin-based programs, insurance programs, contracting options, futures trading, diversification to increase non-milk income, and more. The videos below discuss many of the risk management opportunities available to dairy producers in New Hampshire.
This project was performed in collaboration with Farm Credit East. Information in this publication is provided for educational purposes. No responsibility is assumed for any problems associated with the use of products or services mentioned. No endorsement of products or companies is intended, nor is criticism of unnamed products or companies implied.
Source : unh.edu