For all those who don't take a penny and are full time farmers did you start from scratch or did you inherit,marry into a operation . I started from scratch left marines in 05 and moved back home started buying heifers and equipment. Did my cash flow for the banker last year for buying the neighbor cows and used grain prices for the last five years from the feed mill. non of the grain prices approached what they are today. A complete mix was something like 290 a Ton to 2010 today its over 400. Dairy farming is the one ofhardest type there is. We cant predict the future or the weather there is no solid floor for the price we received the news is all bs. This spring they claimed there was a shortage of milk in the northeast because of the Greek yogurt plant but my checks got smaller at the same time. T my milk hauler told me they were trucking milk in from Michigan then the coop I am in started charging a balancing fee because there was to much milk. Those idiots were the ones having it trucked in. As I understand half the loads were rejected anyway because it churned on the way here. The worst part is cash flow its so hard to see where you will be at next month let alone next year so how to you know what to do. There is no milk insurance like all these crop farmers get. Its all supply and demand in dairy bit the news on it is so conflicting. Record exports milk shortages oh wait you pay price is going to drop. Record culling of cows heat is making cows milk less and with less components and the price drops again. The milc payment a dairy farmers limited option for a backup but people Look at it negative.you can fwd contract but that scary because if your feed prices rise to much and milk follows you might have left money on the table. I don't feel like its welfare but don't agree with subsidies either .
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