Managing Dairy Price Risk

by John Hanchar and Joan Petzen

  • Farm business owners face a variety of risks:  production, marketing (price), financial, legal, and human resources
  • Dairy price risk is variability in price received, and exists when milk price outcomes are not known with certainty
  • Knowledge, awareness, attitudes, skills, and strategies implemented by dairy farmers with respect to dairy price risk differ by producer
  • CCE, PRO-DAIRY and NY FarmNet staff are offering a dairy price risk webinar in November 2020 – the purpose is to improve farmers’ understanding of dairy price risk sources, and strategies for managing risk; improved understanding increases the likelihood of successfully managing dairy price risk

A flyer with more information about this educational opportunity is available at: https://nydairyadmin.cce.cornell.edu/pdf/event_new/pdf4.pdf  

Please contact John Hanchar or Joan Petzen with questions and, or suggestions for work on risk management topics.

Leave a Reply

Your email address will not be published. Required fields are marked *