AgStar clients featured on Dairyherd Network 
The VanderKoois, AgStar clients, are passionate about their dairy farm. Rita says "We love the cows, we love taking care of them."  Watch the video from Dairyherd Network about their philosophy on farming and why they enjoy it so much.
Manage Your Counterparty Risk 
Greg Steele, Vice President of AgStar Agribusiness Capital, recently wrote an article about managing your counterparty risk, published in Dairy Today. Read it now!
AgStar Dairy Specialist Discusses the Industry's Future
In a recent interview on the Minnesota Farm Network, Bob Le Cocq, AgStar Dairy Specialist, discusses the dairy industry and predicts a good year in 2012 despite high input costs.  Listen now!
AgStar Dairy Client Recognized by the University of MN for Industry Contributions 

AgStar client Ron Durst recently received an award from the University of Minnesota College of Veterinary Medicine in recognition of his contributions to the dairy industry. Ron, along with his two brothers Ken and Allen, operate Durst Bros. Dairy a 1,500-cow dairy farm near Mantorville, Minnesota.  Ron has worked with AgStar since 1978. Read More.

Harness Dairy Market Volatility
"Volatility in the markets isn’t always bad. If you understand it, you can make it work for you.”  That’s from Greg Steele, vice president of AgriBusiness Capital with AgStar Financial Services.
 
The key is a sensible risk management program, based on an understanding of the markets, your dairy’s cost structure and a disciplined, rational approach to marketing. “We truly believe winners in the dairy industry are those who adopt successful risk management programs,” he says.
 
Read the full article here.
Are you ready for the pending risk in the price of milk?

It is inevitable that the future milk price will decline from its current market run. Here is First Capital Ag’s opinion on recognizing the price risk in the current uptrend in the milk market and a suggested strategy to protect against missing the opportunity.  Read more.

Cows are comfortable at Fetzer Farms
AgStar clients Paul, Steve and Joe Fetzer were recently featured in the national publication, Progressive Dairyman. The three brothers operate Fetzer Farms Inc., a 1,500-cow dairy farm with 1,800 acres in Elmwood, Wisconsin. Read more.
Labor Management Programs
One of the greatest challenges facing farmers is the management of a labor force. Effective management of hired labor can have a profound effect on the overall profitability of a farming operation. University of Minnesota Extension will offer three Labor Management Programs. The programs are titled, “Employment Skills for Today: Planning for Success.”  More information.
Using a Dairy's Total Margin to Assess & Manage Profitability
The concept of a margin is not new. Simply put, revenues minus expenses equal the operating margin of a business. Many dairies do not look at their enterprise in margin terms. Following a margin approach can significantly improve your profitability and help your business through the inevitable lean times that are part of any cyclical industry. So how do you calculate your operation’s profit margin?  Read more from Commodity and Ingredient Hedging LLC.
On-line Registration Now Available for Dairy Management Workshops

On-line registration is now available for the Dairy Management Workshops being held February 1st at the College of St. Bens in St. Joseph and February 2nd at the Rochester International Event Center.  To view the complete agenda and to pre-register go to Dairy Management Workshops.

Also, new this year is the “Members Breakfast”.  While everyone is invited to attend the Dairy Management Workshops, the Members Breakfast is open only to MMPA producer and associate members who pre-register.  The Members Breakfast is a time for you to network with other top dairy producers and industry professionals; talk with the speakers of the workshops and to ask any questions you may have of MMPA leadership.

Register now at Dairy Management Workshops to hear from Dr. John Fetrow, Dr. Norm St-Pierre, Mary Keogh Ledman and Felix Soriano.

Gold Sponsors of this event include: AgStar Financial Services, Bongards Creameries, Davisco Foods International, Land O’Lakes Inc, Minnesota Soybean Research and Promotion Council, Vi-Cor.
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