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Minnesota dairy farmer navigating volatile milk prices and higher feed costs
A central Minnesota dairy farmer is managing volatile milk prices and escalating feed costs.
Dan Glessing of Waverly tells Brownfield having crops and livestock helps balance out his operation.
“You can look at it two ways. You’ve got the cost of production of putting that corn through the animal, but then there’s also opportunity costs where we could be selling the grain if we didn’t have the animals around. But in the end we’ve found year in and year out, it just averages out.”
He suggests dairy markets are stabilizing.
“Pretty average, fortunately. We haven’t seen huge swings, well we always see huge swings, but on average it’s been a pretty average year to be honest.”
And Glessing says he won’t complain about an “average year” after the wild price swings of 2020.
Glessing serves as vice president of Minnesota Farm Bureau.
