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May 2017 Dairy Situation & Outlook

Professor Bob Cropp’s 2017 May Dairy Situation & Outlook full report is now available for download at UW Understanding Dairy Markets.  An exert follows below: April may have been the bottom for milk prices. The Class III price fell from $16.77 in January to $15.22 in April and May should be near $15.60. Cheese and butter prices have responded […]

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Exploring Tax Implications and Farm Succession Options of an LLC

In the UW-Center for Dairy Profitability’s “Exploring Tax Implications and Farm Succession Options of an LLC” webinar, UW-Extension Outreach Specialist Joy Kirkpatrick and Kari Apel of Apel Associates, Inc, discusses: Why an LLC could be a business entity to consider What are the considerations for an LLC How to set up an LLC What the […]

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How Big is Your Farm? Financial Analysis for Farm Succession

In the UW-Center for Dairy Profitability and UW-Extension’s “How Big is Your Barn?  Farm Financial Analysis for Farm Succession” webinar, UW-Extension Farm Management Specialist Kevin Bernhardt shares how to use farm financial analysis as you make targeted decisions regarding farm succession. Other webinars included in the UW-Center for Dairy Profitability’s Farm Succession Webinar Series are: […]

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April 2017 Dairy Outlook

Professor Bob Cropp’s 2017 April Dairy Situation & Outlook full report is now available for download at UW Understanding Dairy Markets.  An exert follows below: Milk production is expected to continue to run higher than a year ago. USDA is forecasting 2017 milk production to be 2.3% higher than last year. But, with expected growth in butter and […]

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Succession Planning

In the UW-Center for Dairy Profitability and UW-Extension’s Succession Planning webinar, UW-Extension Outreach Specialist Joy Kirkpatrick shares key points and considerations for farm succession planning including: Overview of the components of succession planning Three step process to help you organize planning Starting the informal conversation Common tensions around farm succession Farm meetings to foster communication […]

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