A commodities financial expert says the top dairy managers this year will be the ones planning for tight margins and rising feed costs.
Curt Covington, Senior Director of Institutional Credit, with AgAmerica tells Brownfield while milk prices might seem high, rising input costs have put some operating margins under stress.
“Those farmers who have done a good job on contracting their feed, or hedging their feed, or have a plan to control those costs are the ones who will be the haves, not the have nots at the end of the season,” he says.
