Complete Online Assessment by Nov. 8 for Placement in Three-Level Program Tailored for Dairy
Designed by top financial experts in the dairy industry, the program offers three levels of training over multiple sessions. It also includes take-home assignments so attendees can apply the program concepts to their own financial data. In addition, the “Count on Us” program provides attendees an opportunity for full or partial scholarships from industry partners.
“Because this program is designed for dairy businesses and led by our industry’s financial experts, Financial Literacy for Dairy is that critical program that can equip managers and team members with the ability to make informed decisions for their dairy,” said Janet Clark, Eldorado, Wis., dairy farmer and PDPW vice president. “And completing the online assessment in advance ensures each attendee is in the right course so they can make the most of their time and investment.”
Level One training will be held in two sessions: Nov. 8-9, 2023, and Dec. 6-7, 2023, with all trainings held at PDPW headquarters in Juneau, Wis. This level is taught by dairy financial experts Gary Sipiorski, agricultural business and financial consultant, and Dr. Kevin Bernhardt, PhD, Professor of Agribusiness at UW-Platteville.
Level Two training will include six total days of training held in three sessions: Jan. 17-18, 2024, Feb. 7-8, 2024, and Feb. 28-29, 2024. These sessions will also be led by Sipiorski and Dr. Bernhardt, and the coursework will give participants an intensified look at more comprehensive financial tools and reporting methods. Sessions cover profitability and cost-center tracking, enterprise budgeting, establishing key performance measures and ratios, business planning and more.
Level Three sessions will be led by Dick Wittman Mar. 20-21, 2024 and will explore a range of advanced concepts regarding financial management.
Dairy producers who participate in the program are encouraged to check with partners in the “Count on Us” program, which affords attendees an opportunity for full or partial scholarships to the Financial Literacy for Dairy program. “Count on Us” partners recognize the value that financial training provides to dairy producers and have committed to supporting participants through reimbursements. Eligible registrants pay the training fee to PDPW upon registration, then arrange with their “Count on Us” partners the scholarship amount.
Current “Count on Us” partners include Bank of Brodhead, BMO, BouMatic, Bremer Bank, Citizens State Bank of Loyal, Compeer Financial, Dairy Business Consulting, Inc., Farmers & Merchants Union Bank, GreenStone Farm Credit Services, Lake Ridge Bank, Nicolet National Bank, and Rabo AgriFinance. Check the PDPW website for updates, or contact PDPW with suggestions of additional partners to include.
All three levels of Financial Literacy for Dairy qualify for continuing education credits through Dairy AdvanCE. Level 1 qualifies for up to 32 DACE credits, level 2 qualifies for up to 48 DACE credits and level 3 qualifies for up to 16 DACE credits.
To register, visit www.pdpw.org or contact PDPW at 800-947-7379. Registered attendees will receive an email from PDPW with a link to complete an online placement test to be properly placed into Level 1, 2, or 3, and will receive notification of level placement immediately upon submission of test. Additionally, to suggest specific partners that might consider joining as a Count on Us partner, contact PDPW by phone or via the website.
Follow along digitally in advance of and during the event by following @dairyPDPW and using #mypdpw on Facebook, Twitter, Instagram, and LinkedIn.
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.”
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