Risk Assessment and Decision-Making Guidelines for Dairy Risk Management : Part 2

Dairy farmers, particularly those who run small- and middle-sized enterprises, face significant economic challenges. Financial guidance is more critical than ever. This three-part series offers tools and guidelines that will improve dairy producers' risk-management assessments and decision-making. The second installment presents the steps and calculations needed to do a partial budget and those needed to calculate an estimate of a return on investment (capital investment).