Dairies: Cost of Production More Important Than Milk Prices

Profiting from efficient milk production According to the DairyCo (UK) Milkbench+ report, the relationship between cost of production and profit is much stronger than many dairies realize. The report states that cost of production is the most significant factor in determining profit.
Milkbench+ analyst Karolina Klaskova says: “Through robust data and statistical analysis we see that the relationship between cost of production and margin is strong.” Ms Klaskova acknowledges that the findings are challenging. “The report raises many issues, including just how difficult it can be to make a profit from milk production,” she says.

Nestlé Strategy To Access The China Dairy Market

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How does a foreign company gain access to such a large food market like China? Build infrastructure and train people in China to create and build supply chains. Nestlé SA is doing just that with the Chinese dairy market by spending millions of dollars to teach farmers how to care for their cows.

Nestlé will guarantee bank loans for [Chinese] farmers to buy more cattle. The company also plans to set up "cow bases," at which small-scale farmers will pay to have their cattle professionally managed.

This strategy will help Nestlé with its supply needed to create its branded dairy products like Carnation, Coffeemate, and Nido for children.

Webinar: Using Social Media to Share Dairy Farm Stories


How can you utilize social media in agriculture? What steps should you take when general media portrays farming operations in a negative light? This webinar offers some guidance, tools, and resources to help. Webinar from Dairy Management Inc. and myDairyToolkit.com, December 14, 2011.

For full screen, click on player below. Click to share video with others.

DairyCast 0442 - Leadership Traits For Your Management Team

DairyCast 0442 Show Notes:
  • Ian Davis, retired Senior Partner at McKinsey and Company, recently shared his top five leadership traits with Stanford's Graduate School of Business students.  Ian has consulted with major international management leaders, seeing very good... and some not very good management teams.  This half hour program is a great thought provoker for your management team and might be a good point of initiation for the 'up and comers' that are ready for advancement.  Best wishes in the New Year!
  • Link to Ian Davis program oveview and bio
  • Link to YouTube presentation

DairyCast Update for Dceember 16, 2011, What is Weather Insurance?

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If you could take weather risks out of the picture, how would it change your decision making? The Climate Corporation can do just that with their unique insurance program. Not production insurance, not crop insurance, but weather insurance. 

DairyCast 0441 - Food Safety Isn't Interesting... Until It Is

DairyCast 0441 Show Notes:

DairyCast 0440 - Supplement Your Crop Insurance Program With Weather Coverage From The Climate Corporation

DairyCast 0440 Show Notes:
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