Best Advice on Locking in Milk Prices
In Elroy, Ariz., dairy producer Craig Caballero shares that risk management is a much-needed discussion and a much-needed ingredient to help manage his 5,200-cow dairy. Since 2007, Caballero has utilized risk management and says he could not imagine dairying without it.
“Risk management is a tool that we use every single day,” he says. “It’s part of what we do, and I personally could not imagine in the volatility that we live in, not participating in some kind of a plan.”
Caballero believes protecting both sides of the ledger is needed to help manage his dairy.
By KAREN BOHNERT
May 3, 2023