Asset Management Tips, 2023 Corn Outlook, Market Update

Timely dairy management topics brought to you by four leading experts

On tap this week at The Dairy Signal® from Professional Dairy Producers® (PDPW) are discussions with experts across the dairy and ag sectors. Tuesday, ensure your dairy is optimizing asset-management strategies and how to make necessary adjustments. Tune in Wednesday for a discussion on what to expect for the 2023 corn crop – and how to correct your course if necessary. Thursday will set us up for the latest in agricultural markets and trends.

More details here:

Tuesday, July 18

Producing output in agriculture calls for a lot of assets, including land, buildings, equipment and animals. Because of the heavy reliance on big-dollar expenditures, assets can become one of the largest detractors to cash flow for a dairy farm. Discover the financial metrics to help determine whether your dairy’s asset mix is appropriate – as well as useful strategies to implement in cases where adjustments need to be made. Episode presenter will be:

• Dr. Brady Brewer, PhD, assistant professor, Agricultural Economics Department, Purdue University

Wednesday, July 19

On top of the minds of many this summer is the outlook for the 2023 corn season. In this episode, we’ll see it through the eyes of two experts who will share what they’re seeing and experiencing. Tune in for a discussion on how to take corn to the finish line for silage, with an eye toward harvest adjustments based upon crop condition and health. Episode presenters will be:

• Dr. John Goeser, PhD, Director of Nutritional Research & Innovation at Rock River Lab, Inc., and Adjunct Assistant Professor in the Dairy Science Department at University of Wisconsin-Madison
• Todd Schaumburg, Part Owner and Agronomist, Tilth Agronomy

Thursday, July 20

Tune in for an educated look at the turbulent forces driving the agricultural markets and trends that stand to impact dairy producers and the ag industry now and into the remainder of the year. Episode presenter will be:

• Dan Basse, President, AgResource Company

Thank you to sponsor Prairie Estates Genetics for helping make possible these Dairy Signal episodes.

The Dairy Signal® is a weekly series of educational episodes offering practical insights and resources for dairy farmers and food-system professionals across the value chain. Developed by dairy farmers and members of the Professional Dairy Producers Board of Directors, the episodes air live from 12:00-1:00 PM CT each Tuesday, Wednesday and Thursday. Live sessions offer attendees the opportunity to engage in open Q&A with the speakers; recorded sessions are available shortly after episodes are aired. Access all previously broadcasted sessions at www.pdpw.org.

For more information, contact PDPW at 800-947-7379 or send an email to mail@pdpw.org. Join the conversation digitally by following @dairyPDPW and using #TheDairySignal 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.