NMPF’s new chair says reliable workforce is critical for dairy farms

The new chairman of the National Milk Producers Federation says having a stable and secure workforce is one of the top challenges facing producers. Fourth-generation dairy farmer Brian Rexing tells Brownfield, “Dairy farming is seven days a week, 24 hours a day, it’s not seasonal, it’s every season.” Rexing was elected to lead during the organization’s…Continue Reading

Equipment sale-leasebacks helping farmers improve cash flow

The business development manager with LSI Equipment Leasing says some farmers are helping their cash flow through equipment sale-leaseback programs. Reed Hawkins says it’s a way for farmers to access the equity they’ve built up in their equipment. “A piece of equipment you own that’s maybe depreciated out a little bit, we’ll do an appraisal…Continue Reading

Cash dairy prices move higher Thursday

Cash dairy prices closed mostly higher on Thursday on the Chicago Mercantile Exchange, in somewhat limited trade. Dry whey was up $0.0150 at $0.7450.  One trade was made at that price. Blocks were unchanged at $1.3950.  Three sales were made at that price.  Barrels were unchanged at $1.4450.  No sales were recorded.  Butter prices were up $0.0050 at $1.47. One trade was made at that price. Nonfat dry milk was up $0.0075 at $1.1650.  Five sales were made from $1.1575 to $1.65. The post…Continue Reading

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