New England dairy farmers have faced increasing risks in producing and marketing their products. The national Federal Milk Order Program underwent a major revision, and Congress continues to modify the price safety nets for farmers. Accordingly, dairy farmers must become ever vigilant in their efforts to identify the risks over which they may exercise some degree of control. They must learn how to incorporate appropriate risk management tools in their day-to-day and longer term business planning and decision making. This project identified the perceived high priority risks and developed instructional workshops to enhance efforts to improve farm business decision making.
A Tue, study studied this question.