Unique to dairy, 2-day financial course will offer advanced financial development, Mar. 24-25
Presented by Professional Dairy Producers® (PDPW), the inaugural PDPW Financial Literacy for Dairy - Level 3 training will be held March 24-25 at PDPW Headquarters in Juneau, Wis. (Courtesy of PDPW)
With tightening financial margins, it takes business savvy to be profitable and successful in today’s dairy industry. Producers need to know their numbers in order to make timely, well-thought-out and strategic decisions for their dairy businesses. Presented by Professional Dairy Producers® (PDPW), the inaugural PDPW Financial Literacy for Dairy – Level 3 training will be held March 24-25 at PDPW Headquarters in Juneau, Wis.
The PDPW Financial Literacy for Dairy series is the dairy industry’s first dairy-specific financial curriculum. The multi-level, multi-session financial development program is designed to provide dairy professionals a solid financial understanding and foundation and then stretch their thinking beyond their current comfort zone to strengthen their farm’s financial understanding and analysis potential.
The Level 3 course curriculum was authored by Dick Wittman of Wittman Consulting and faculty with TEPAP – The Executive Program for Agricultural Producers (TEPAP) faculty. Also instructed by Wittman, the two-day workshop will dig into scenario planning, performance monitoring, trend analysis, key metrics, benchmarking, growth and efficiency trade-offs, optimizing capital purchases, management of capital investments, development of protocols for sharing records, and strategies for family business governance.
“The Financial Literacy course has helped me understand what I’ll need to look for in our business statements to help set, meet and track our goals and help me understand what to look for to be more profitable and efficient,” said Clint Hodorff, dairy producer from Eden, Wis.
Space is limited to 30 attendees and an online placement test is required for entry into Level 3.
To learn more about Financial Literacy for Dairy – Level 3 or to register online, visit www.pdpw.org or call PDPW at 1-800-947-7379. Follow along digitally in advance of and during the event by following @dairyPDPW and using #PDPWFinancialLiteracy on Facebook, Twitter, Instagram, and LinkedIn.
Financial Literacy for Dairy is an accredited training and offers up to 15 Dairy AdvanCE continuing education credits. To learn more or secure credits, visit https://dairyadvance.org/.
Professional Dairy Producers (PDPW) is the nation’s largest dairy producer-led organization of its kind, focusing on producer professionalism, stakeholder engagement and unified outreach to share ideas, solutions, resources and experiences that help dairy producers succeed.