How to manage the volatility of feed and milk prices in the near future?

How to manage the volatility of feed and milk prices in the near future?

Feed and milk prices are no longer related to each other


Where lays the balance between choosing to work with different contracts including high risks and or producing your own forage dealing with high land prices and so high fixed costs
Can we manage this risk? And how?
What roles play banks and dairy companies?
How about the management of land prices?


Monday October 1 Arrival Texas
Afternoon: Arrival Amarillo Airport

19.30: Travel to hotel ‘big Texas’
20.00: Dinner at hotel

Tuesday October 2 Dairy farms Texas
Morning: Breakfast at hotel ‘big Texas’
Visit Dairy fountain with corral system Lunch
Hart Longhorn, Mexican lunch
Afternoon: Calf Ranch
Coffee break
Dairy Laurens and Ilona Schilderink Dinner
Laurens and Ilona – Steak dinner
Hotel: Holiday Inn, Herford

Spandet Dairy - Texas
The Schilderinks’ moved from the Netherlands to Texas because of the opportunities that were available to milk on a larger scale and improved efficiency. Feed availability was also a factor. The dairy has cross ventilated bars. Farming includes 6,000 acres for raising silage crops, including corn, sorghum, wheat and alfalfa. Most of the farming is hired. The overall Schilderink philosophy is to provide a comfortable and healthy environment for both cows and their 73 dairy employees while delivering satisfactory returns on their investment.

Wednesday October 3 Dairy farms Texas – travel to St. Louis
Morning: Breakfast at hotel ‘Holiday Inn’
Visit Feed yard
High plains dairy / Saudi Barns system
Lunch: Durk feed a lot in Herford
14.00: Arrival at airport Amarillo
15.55: Departure flight Amarillo – Dallas – St. Louis
19.15 : Arrival in St. Louis

Dinner: St. Charles
Hotel: Staybridge Suites, St. Charles
Thursday October 4 Mini-conference Novus facilities – travel to Madison
8:30: Novus Program – mini conference “Risk management in feeding the world”
- Arrival and Check-In at Novus
9:00: Novus Corporate Overview and History
9:30: New Trends in Global Dairy Economics
- Julian Binfield, University of Missouri - Columbia
10:45: Coffee Break
11:00: How to Get the Most out of Your Feed
- Geoff Zanton, Ph.D., Dairy Research Manager, Novus International
12:00: Lunch
12:30: Lunch and Learn – GDF Connecting people and visions
- Bram Prins, President and Elise Keurentjes, Manager Global Dairy Farmers

Novus International
Novus International, Inc. is headquartered in metropolitan St. Louis, Mo., U.S.A. and serves customers in more than 90 countries around the world. An industry leader in animal nutrition and health, Novus is constantly striving towards its mission to feed the world affordable, wholesome food and achieve a higher quality of life. Novus’s products include ALIMET® and MHA® feed supplements, ACTIVATE® nutritional feed acid, ACIDOMIX® preservative premix, CIBENZA® feed additive, MINTREX® and MAAC® chelated trace minerals, SANTOQUIN® feed preservative, MERA™MET aquaculture feed additive, AGRADO® feed ingredient and many other specialty ingredients.

13:15: Roundtable Discussion – Industry Situation, Economics, Research and Sustainability
14:30: Depart for St. Louis Airport
15.15: Arrival at St. Louis Airport

16:00 Departure flight St. Louis – Chicago –Madison
American Airlines Flight #640/4237 STL -> MSN
Dinner in Madison

Friday October 5 Farm Visits in Wisconsin
7:15: Depart Hotel for Sutter Farms
8:30: Visit Fertile Ridge Dairy, Mount Horeb, WI

Fertile Ridge Dairy – Sutter Family: SELF SUPPORTING FORAGE SYSTEMS
Fertile Ridge Dairy is a family-owned operation started in 1903 by the Sutter Family of Mount Horeb, Wisconsin, USA. Fertile Ridge Dairy milks 700 Holstein cows 3X per day in a double-12 parallel parlor with sand-bedded free stall housing. They raise their own forages and grain on 1,600 acres consisting of corn, alfalfa, soybeans and wheat. Currently, the milking herd is averaging 93 pounds of milk per day with 3.6% butterfat and 3.0% protein tests.

10:00: Depart Fertile Ridge
10:15: Coffee Break in Mount Horeb, WI
11:00: Arrive at Truttmann Dairy

Originally founded in 1899, Truttmann Dairy is a fifth generation dairy farm located in New Glarus, Wisconsin. Known today as Truttmann Dairy LLC, it is a grass based, spring calving dairy milking 150 crossbred cows and operating 400 acres. The owners of Truttmann Dairy have made a commitment to stay true to their roots by being good stewards of the land, caring for their animals and continuing to provide excellent quality milk. In order to accomplish their goals, they have adopted a different way to feed their cows. They are in their 14th year of management intensive rotationalgrazing on the farm, where the focus is on the health of the cows and the land. The cows consume a high forage diet, coming mainly from pasture for up to 8 months of the year. A big advantage to having most of the farm in pasture is that the soul is protected year-round by grass and legumes. The cows are milked in a swing 12 milking parlor with a parlor grain feeding system to maximize the efficiency of the grazing system by reducing time spent off pasture. During the winter months, a free stall barn is used for housing for the milking herd.

12:30: Depart Truttmann for Lunch
13:00: Lunch – The Glarner Stube, New Glarus, WI
14:30: Depart for Madison
15:45: Arrival in Madison
18.00: Dinner
20.00: Visit World Dairy Expo with International Reception and Holstein Night
Hotel with relaxing possibilities (such as Casino)

Saturday October 6 WDE – End program
Morning: Breakfast at hotel – end program

Suggestion: Visit World Dairy Expo