By Greg Bethard, CFO of Pagel's Ponderosa & Dairy Dreams

Here we go. Another challenging year in the dairy business, and an opportunity for you to challenge the "status quo" and ensure you are running on all cylinders in the key areas affecting your dairy's profitability. Taken from the archives of 2009, here is Greg Bethard's "Top 10 Keys to Making Money in the Dairy Business." While he assures us that 2016 is not 2009, the advice is as pertinent today as it was back then.

  1. Keep a full barn
  2. Healthy fresh cows
  3. Offer a career change to unprofitable cows
  4. Realize quality and component premiums
  5. Maximize income over feed cost
  6. Procure high quality forages
  7. Generate pregnancies (heifer and cow)
  8. Minimize replacement costs
  9. Cut costs intelligently
  10. Control labor costs

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    *Dr. Greg Bethard presented "Surviving Low Milk Prices" at the Florida Dairy Production Conference in Gainsville, FL on April 28th, 2009. He is currently serving as CFO of Pagel's Ponderosa Dairy and Dairy Dreams in Northeast Wisconsin.

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    5.26.2016