Milk producers and the milk industry are faced with a new management challenge - managing their risk due to volatile milk prices. Understanding the complex milk marketing area requires effort and dedication but does offer substantial returns.
Milk producers and others are invited to enroll in a letter-study course on "Achieving Risk Management Success in Dairy" written and edited by the Ohio Dairy Risk Management Team as a part of the multi-state A.R.M.S. program. This 18-issue course will include topics such as:
- Milk Price Risk Management Strategies
- Marketing Plans & Your Risk Tolerance
- Understanding How Milk is Priced
- Following and Using Outlook and Pricing Trends
- Income Tax Aspects
- Relationships with Brokers and Lenders
- Tools for Managing Price Risk in Milk Markets
To register for this letter-study course, send your name and address to:
Robert D. Fleming
District Specialist, Farm Management
OSU Extension - N.W. District
1219 West Main Cross
Suite 202
Findlay, OH 45840
Because of budget constraints and required cost recovery, the registration fee is $65.00/per person. The mailing will begin weekly by mid-April.
A letter-study course lets you participate at your convenience and review as often as you want. There will also be a special offer made to participants at the end of the course. Will spending a few dollars and a few hours on Risk Management help you progress toward your mission statement, goals and objectives? To learn more, register now.