Dairy Farming in the Future
An Overview of Dairy Farming Trends
Every dairy farmer or industry has an aim of doing better in future than their current and you are not an exception. You must be thinking of how many cows will you be rearing to make a better living, will you be buying the feed or will you be growing, how will the milk prices going to be after 5 years or 10 years to come. All these questions should be in your mind so as to make a sound business decision. For sure there cannot be perfect decision, the only thing is that thinking about the future will enable you to make you better decision to have a better lifestyle and increase your profits as a farmer.
It is always good to be aware that things cannot be the same in the years to come and therefore, changes should not find you off-guard. Obviously, the dairy farming and the whole family living cost will continue to increase because of the sophisticated equipment to be incorporated based on the new advancements in technology. Good business management skills will be very important when it comes to future dairy farming which will involve keeping good production and financial records, in addition, you need to calculate your cost of production on a regular basis so as to enable you to make more crucial business decisions for the possibility of business success.
If dairy farming is a family practice, working with a good management team and your family members will enable you to set critical goals for your business. Most of the farms practising dairy farming are likely to increase in the size of the herd and consequently, this will lead to an increase in the amount of milk produced. However, the level of concentrates being fed to cows might decrease due to global warming. But what are the main challenges facing dairy farming?
Current Challenge and Its Solution Thereof
Most of the leading dairy farming industries and cooperatives in every country or states are expected by many to consistently provide healthy food, taking care of the surrounding community by giving them jobs and also sustaining their land. The challenge also comes from their competitors, the environmental expectations, and other social factors. They also experience challenges in climatic and demand changes consequently shortage in qualified personnel besides great expectations from various businesses and consumers.
The only solution to the above challenges is an adoption of a sustainable dairy farming which will involve all the industries that deal with dairy farming. As an industry, you have to incorporate everyone who makes your business run smoothly like your suppliers, farmers, retailers, financiers, processors, innovators, government and also some Non-governmental organizations. For future dairy farming to be actualized, you have to come together and set your future scenarios. These scenarios may consist of the risks that are likely to arise, the opportunities, the goals, visions, objectives, and implications that might occur in your industry in future. But the question still remains, what is the ideal dairy farming for our future?
Ideal Dairy Farming That you Need in Future
It is clear from various researchers that many people are concerned about the welfare of their cows. This forms the basis of their definition of an ideal farming needed in future where there is no mistreatment of livestock, easier accessibility of pasture by the animals and no synthetic hormones and antibiotic treatment.
Adapting a sustainable dairy farming is the future direction which every dairy industry and cooperative are heading to. For dairy farming to be called sustainable, it has to be closely linked with the profits and consequently bring maximum returns.