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In this month's "Protecting Your Profits" webinar, Kathleen Noble Wolfley and Colin Kadis from Ever.Ag projected the trends and opportunities that might be on the horizon for the dairy marketplace in 2025. They talked about milk supply expectations – both U.S. and global – new cheese capacity, importance of exports, dairy market outlook and domestic demand forecasts, "headline” risks, and ways to manage risk in this ever-shifting marketplace.

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Markets change and they don’t care about what you think they should look like – or what you might need for your cost of production. Are you setting yourself up for long-term success by capturing opportunities before they’re too late? Are you adapting to changing feed and dairy markets to guide your approach to risk management on your dairy farm?

In this month’s free “Protecting Your Profits” webinar, hear from Jacob Thompson and Andy McCarty, two experienced dairy business advisors. They will share how to control what you can through a solid risk management plan, no matter the level of volatility or uncertainty in the markets. As we approach the end of the calendar year, they will dive into the four main risk management products available to dairy producers who want to protect their revenue stream: Forward Contracting, Livestock Gross Margin, Dairy Margin Coverage, and Dairy Revenue Protection. Each program has different tiers, levels, and decisions that make it possible to tailor a plan that’s unique to your dairy operation.

To receive weekly dairy market updates via email each week, click here to subscribe and get the updates sent to you at no cost each week.

In this month's "Protecting Your Profits" discussion, Rob Goodling from Horizon Farm Credit breaks down 17 benchmarks that are part of the PA Dairy Performance Indicators project. From year to year, these benchmarks help us compare individual dairy operations to how the top dairies in the data set are performing financially. Rob shares an overview of the 2023 data and a comprehensive snapshot of herd performance across various sizes and production types – revealing distinct patterns in milk production, costs, and financial outcomes.

Find out where Pennsylvania stands in terms of herd performance, financial performance and more. Rob also examines how herds participating in both years of the Performance Indicators Project compare to the group averages and shared some of the variation between herd size groups.

To receive weekly dairy market updates via email each week, click here to subscribe and get the updates sent to you at no cost each week.