University of Maryland Extension

Dairy Farm Management Program

Dairy Farm Management Program provides specific financial and business planning tools to Maryland dairy farm managers. Workshops are tailored specifically for dairy farm managers. Additional analytical tools have been developed to help dairy farm managers manage their operations. The Maryland Dairy Farm Business Summary is a major component of this program. In this summary, dairy farmers are taught how to use their IRS Schedule F tax forms to analyze the financial condition of their farms. The information on their tax schedules is converted to a per cwt (hundred weight) basis so that they are able to see the specific strengths and weaknesses of their businesses. They are also able to compare their businesses with other dairy farms in Maryland and in the northeast to identify their strengths and weaknesses.

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