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Podcast: Uplevel Dairy Podcast
Episode: 314 | Benchmarking for Dairy Profitability: Fine-Tuning Your Farm’s Financial Edge
Description: On the Uplevel Dairy Podcast, Peggy Coffeen talks with Curtis Gerrits and Jim Moriarty of Compeer Financial about why benchmarking is essential for dairy farms, especially as year-end financials become available, milk prices soften, and recent beef-on-dairy income may have masked underlying costs. They explain benchmarking as first comparing a farm to itself over time, then comparing to a larger peer dataset of similar farms to identify strengths and small opportunities across income and expenses that can add up. Key areas discussed include feed cost and productivity (including homegrown forages like corn silage and increased use of...