Dairy Risk Management Strategies

Nathan Hulinsky, University of Minnesota Extension

Learn how the new Dairy Margin Coverage compares with the old program

“Dairy Risk Management Strategies” a short workshop teamed up with Farm Service Agency and University of Minnesota Extension comparing the new Farm Bill’s Dairy Margin Coverage and other risk management strategies of Risk Management Agency’s Dairy Revenue Protection and Dairy Livestock Gross Margin.

 

 

This two-hour workshop will use spreadsheets and other tools to analyze how the new Dairy Margin Coverage compares with the old Margin Protection Program. Prices for the different coverage levels and the pounds of coverage will be examined. In addition, the new Risk Management Agency’s Dairy Revenue Protection program which works similar to a crop insurance product that provided quarterly coverage will be compared with Dairy Livestock Gross Margin. We will help determine which dairy programs are best for your dairy.Pros and cons of each program will be highlighted. Knowing your cost of production is important; tools to help calculate your cost of production will be shown.

Nathan Hulinsky, Extension Educator explains, “With the current state of milk prices and the farm economy, maintaining profits is tricky. There are tools out there to help dairy farmers set a floor for their milk price, we want to highlight them.”

 

 

Date City Time Venue Address
7/2/19 Mora 10 AM – Noon Library Basement 200 W Maple Ave, Mora MN
7/9/19 Rochester 1 – 3 PM Extension office Room H1403 at Heintz Center, Rochester MN
7/10/19 Mankato 10 AM – Noon Extension office 1961 Premier Drive, Sakatah Trail Room, Mankato MN
7/16/19 Marshall 1 – 3 PM SW West Central Service Cooperative 1420 East College Drive, Marshall MN
7/17/19 Morris 10 AM – Noon West Central Research & Outreach 46352 State Hwy 329; AgCountry Auditorium, Morris MN
7/18/19 Fergus Falls 10 AM – Noon Government Services Center 520 Fur Avenue West, Fergus Falls MN
7/23/19 Melrose 10 AM – Noon City Hall 225 1st St NE, Melrose MN
7/24/19 Long Prairie 1 – 3 PM City Hall 615 Lake Street So. Long Prairie MN
7/25/19 Wabasha 1 – 3 PM AmericInn of Wabasha 150 Commerce Drive, Wabasha MN

 

Be the first to comment

Leave a Reply

Your email address will not be published.


*