Adirondack Management Services, LLC

01/16/2024

Hey all!

Come join us at a workshop next week with Whitney Hull from UVM Extension. We will be rolling up our sleeves to review key financial concepts and calculate the cost of production on your dairy farm. We'll even discuss ways to drive it down! (Hint: It's not always about cutting expenses!!)

Check out the flyer for more details. Registration link in comments. Hope to see you there!

01/01/2024

The top post shared from the blog on LinkedIn in 2023 was "Transitioning Dairy Cattle to Their Next Career." This was a discussion about considerations for sending a cow on the beef truck. The ranges in metrics may change with time - that is in times of lower or higher costs, a higher milk production is required for breaking even, but the metrics themselves should stay consistent.

How are you making the decision these days?

Consider your "beefing" strategies instead of your "culling" strategies, especially when beef prices are high.

12/30/2023

Sharing our top two posts from the blog today and tomorrow to close out 2023. It has been fun to share this information with you, and I'm looking forward to continuing in 2024!

Here's the top article shared on Facebook: "7 Attributes of the Driving Force in a Dairy Business"

What attributes are important to you in a leader?

The driving force of a successful business are the people who care and who take care of other people and things.

12/02/2023

“That won’t work here.”

“We’ve tried that already.”

“We’re not that kind of farm.”

Have you heard these kinds of things before? Have you said one or maybe all of them? We are all guilty of getting stuck every once in awhile or more often, stuck in a certain mindset or a way of thinking.

What are some ways to shift away from a fixed mindset and tap into a growth? This latest blog post offers some thoughts for getting beyond a stuck mindset.

Use a growth mindset to act upon ideas and grow your business.

07/15/2023

Dairy producers are currently experiencing high beef prices and low milk prices at the moment. How should this affect the decision to transition a dairy cow to her next career?

Consider your "beefing" strategies instead of your "culling" strategies, especially when beef prices are high.

06/26/2023

We saved discussing feed expense and cost control for it's own Dairy Dividends post. And, we only focus on purchased feed costs, leaving home grown feedstuffs for it's own, too.

There are two basic ways to review feed expense, cost per unit and income over feed cost. Check it out and let us know what you tend to focus on with purchased feed cost control.

How do you know if you are getting the most out of your feed investment? Learn about feed expense per unit and income over feed cost.

06/01/2023

Here's the second part of a two-part series on specific cost control methods. It includes a recap of all six areas discussed.

Now here's the thing, there are suggestions for strategies here that you may already know or be aware of and *should* be doing. Use this as a nudge to git 'r done!

Review cost control strategies for your dairy business.

05/30/2023

Our last post discussed big areas to look to generate more cash flow during times of tight margins. Today, we share the first of a two-part series, diving into specific cost control measures.

Let us know what you think! What cost controls have you implemented?

These six cost control areas offer a solid starting point for driving costs down.

05/20/2023

Times of tight cash flow are here again for many dairy farmers. For most, this ain't their first rodeo, but still I wanted to share a few reminders, and maybe spark some new ideas to improve cash flow on your dairy business.

The latest post:

There are several strategies to consider when tight cash flow is brought on by low prices.

05/06/2023

Out of respect for and Mental Health Awareness Week, this week's post shares a personal story about developing anxiety. High-performing people can sometimes develop anxiety as an adult.

👉 Lots of irons in the fire?
👉 Have a hard time saying no?
👉 Do you hang on negative feedback?

You're not alone, and it can be managed. I love the analogy of thinking about applying the concept of how we as dairy farmers take care of cows to how we take care of ourselves.

Did you ever play pig pile as a kid? The one where people kids would literally pile on top of each other? Were you the kid who could wiggle out and jump on

04/29/2023

Taking a little different turn in this week's blog. Just a few observations about what makes up the driving force of a successful dairy business.

What do you think? What would you add?

The driving force of a successful business are the people who care and who take care of other people and things.

04/22/2023

Are you wondering if you missed out on the Employee Retention Credit? Do you keep seeing ads or receiving phone calls or random emails from folks offering to help you claim it?

This week I address some of the misconceptions about the ERC tax credit and share some insight about it.

The Employee Retention Credit is worth looking into but beware of companies pushing it when it may not be a good fit.