University of Maryland Extension

Managing Your Dairy Through Financial Fluctuations

When: 
Tuesday, Mar. 22, 2016 - 11:00am to 2:00pm
Where: 
Harford County Extension Office
Address: 
2335 Rock Spring Road
Forest Hill, MD 21050
United States
Event Type: 
Presenter: 
Dale Johnson, Farm Management Specialist, University of Maryland Extension
Description/Notes: 

In today’s dairy market, producers must be continuously improving in order to stay in the front of the pack and remain profitable. Understanding and managing financials become a key part of achieving success in a dairy business.

Dale Johnson, Farm Management Specialist, University of Maryland Extension, will host seminars throughout Maryland, in conjunction with Mid-Atlantic Farm Credit, which will assist producers in improving management through analysis of their past finances and using that information to plan for their future. This seminar will show how to use financial records and tax statements to analyze a farm’s income and expenses in order to identify strengths and bottlenecks in the dairy business. Using simple worksheets, farms will learn how to calculate individual expenses on a hundred-weight and per cow basis, compare these figures to industry averages and, in turn, identify critical areas of management.

Lunch will be provided and is generously sponsored by Mid-Atlantic Farm Credit.

In addition to being hosted in Harford County, this program will be repeated in Washington, Carroll, Garrett, and Kent Counties. To register for the Harford County session, call the Harford County Extension Office at 410-638-3255. For more information about the program, contact Emily Yeiser Stepp at 301-405-1392 or eyeiser@umd.edu.

 

Cost: 
FREE
Tags: 
Contact: 
Robin Wigley
Contact Email: 
rwigley@umd.edu
Contact Phone: 
410-638-3255
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