(Continued from Page A3O) people divided up into three groups and rotated through three stations to view the Hinish farm and visit the dealers. The Hinish farm offers a variety of new and innovative methods for animal housing, management, and waste handling. Rod and Trudy enlisted the aid of S-G Consulting from Oregon to design and assist with the goals they had on their farm. This included an open front bam with a flush system and a manure solids separator. Lancaster Dairy assisted Rod and Trudy with the design and in stallation of a flat bam milking parlor, which enables diem to milk on average 195 animals in 3.5 hours. For help with the waste hand ling. the Hinishes participated in SYRACUSE. N.Y.—Dairylca Cooperative Inc. is offering its members a Fixed Price Forward Contracting program that guaran tees milk prices weeks or months ahead of time. Through this innovative prog ram, members have the option of locking into a known value for a portion of their future milk pro duction, helping reduce the “unpredictability” of their month ly milk check. ‘The mi)k price volatility of the past five or mote years has had an adverse effect on dairy farmers,” said Jamie Zimmerman, Dairy lea’s director of Farm Manage ment Services. “We developed this much-needed program, which utilizes the hedging tods available in the futures market, as a service for our members, allowing them the opportunity to manage their price risk.” Fixed Price Forward Contract ing does not necessarily generate higher than normal milk prices, but creates stability by smoothing out the highs and lows of milk prices, according to Zimmerman. Forward contracts have been used for decades by grain and livestock producers as a way to limit price risk and lock into profitable mar For the Selective Buyer... Stratford Coal Stoves specifically designed to bum Pennsylvania Anthracite Coal joDSSINGER'S I IQUdLIT Y STOVES] 2533 OLD PHILA PIKE, Ht. 340, Smoketown, PA 3 miles East of Lancaster Tuas., Thura. A Fri. 10-8; Wad. A Sat/10-5 (717) 397-7539 Hinish Farm the Chesapeake Bay Program for cost-share and technical assis tance. This included a milkhouse water transfer system to a recep tion pit which also collects man ure and flush water from his exist ing heifer bams. The liquids from the separation process are transferred by gravity across the road to a 10-foot deep. 2.4 million-gallon earthen, clay lined storage pond. To complete die cyc!e,.s-G Consulting assisted with the installation of a recycling pump to transfer brown water from the pond to the bams for flushing. Hinishes also demon strated their reel type irrigation system during the day, applying the manure water from die storage pond to their field com. Dairylea Offers Fixed Price Forward Contracts gins for their businesses. Under the program, Dairylea calculates daily bid prices—for up to six months in advance—for die Federal Order No. 2 blend prices, based on the daily price levels of the Coffee, Sugar and Cocoa Exchange Cheddar cheese futures market. When a member contracts with Dairylea for a fixed price, the Cooperative then hedges the price movement risk using the cheddar cheese futures traded at the Cof fee, Sugar and Cocoa Exchange. “We decided to offer this program—as opposed to the mem bers hedging themselves— because it’s easier for the coopera tive to apply the time, manage ment expertise and capital to this endeavor than for the individual members to take the time out of their day,” said Zimmerman. “Since we wotk for our mem bership, one of our goals is to develop tools and services that help them improve their bottom line.” A recorded information line provides members with bid prices every business day between 8 a.m. and noon. If an offered price is attractive, the member can transfer the call to a staff member who will write the forward contract Enjoy More Retirement Income Than You Ever Thought Fbssible Now yog can turn your farmland into a retire ment income you can't outlive, with tax and financial advantages you never thought possible. A ‘Farm Trust," administered by the bank or trust company of your choice, makes it possible for you to sell all or a portion of your farm, penalty capital gains tax free, increase your income, decrease your federal and state taxes, plan your estate for the benefit of your heirs, and benefit health care in northern Lancaster County. For more information and a confidential no cost proposal on the ECH Foundation Farm Trust program please call Bill Treible, Development Officer, Ephrata Community Hospital Foundation, today (717-738-6569) Hosts Waste Water Ha Members may allocate up to SO percent of their historical monthly milk production to a contract, with a minimum allocation of 20,000 pounds, and increasing in incre ments of 5,000 pounds. Members may have more than one contract for any one month, given the contracts meet all mini mum and incremental require ments. In the long run, Fixed Price For ward Contracting will help far mers budget easier and achieve more favorable financing terms, added Zimmerman. “If a fanner is in an expansion mode or looking to borrow money for some other reason, having some amount of their production contracted helps them with guar anteed income. That is an extremely powerful tool to use when approaching a lender, as opposed to just saying *we think the price of milk is going to be this or that in the future,'” he said. The Fixed Price Forward Con tracting program is among the many valuable financial services and farm management programs available to Dairylea members. Other offerings designed to impact members’ profitability include a member loan program, direct deposit of milk checks, flex- Wagon load of guests at Hinlsh Field Day travel to ag waste pond. LapctHf Fymtog, Safuntey, 26,4>nyt ible benefit packages, a computer accessible bullcin board, farm management consultations and analysis, and milk quality assis tance. Dairylea is a Syracuse-based dairy cooperative with more than Holstein Association Hires • Director Of Genetic Programs BRATTLEBORO, Vt John Honnettc, formerly of Sun Prairie, Wis., has joined the Holstein As sociation USA in Brattleboro, Vt. as director of Genetic Programs. In this capacity, he will be re sponsible for administering the Sire Summaries (Red Book), Hol stein Mate, Official Holstein Pedi grees and all other genetic and performance-related products. In his new role, John will devel op new herd advancement pro grams that can increase the profit potential of dairy producers. Ad ditionally, he directs the mainten ance of the Association’s genetic and performance systems. ADC Is the Place To Be A guaranteed market and security - the outstanding benefits that John Frederick refers to - are among the strengths of the premier dairy cooperative in the region. Atlantic Dairy Cooperative has a 78-year history of excellent service to its members. Financially strong, ADC guarantees a market for all member milk and excels in maximizing returns. ADC is a leader in providing equity payments, quality bonuses and over-order premiums to members. Nearly 4,000 dairy farmers agree that "ADC is the Place to Be " For free information on how you can secure the future of your dairy farm operation, write or call: Atlantic Dairy Cooperative "IrS 1225 Industrial Highway Southampton, PA 18966 U *MPvJ t-800-645-MILK nw in? 2.400 member farms throughout the Northeast' It markets more than 3.5 billion pounds of milk annually and participates and. is invested in a milk marketing net work stretching from Maine to Maryland to Ohio. Prior to joining the Holstein As sociation, he worked for Ameri can Breeders Service, starting as regional dairy sire analyst in 11 Western states from 1986-1989; senior sire analyst from 1989-1991; and as international sire analyst from 1991-1994. Prior to that, John was manag ing partner of Honnette Holsteins, an 800-head registered Holstein herd in California. John received a bachelor's de gree in dairy science from Califor nia Polytechnic State University, and a master's degree in dairy sci ence/genetics from Virginia Poly technic Institute and State Univer sity. 'Atlantic Dairy Cooperative has marketed our family’s milk since 1917. The cooperative provides us a guaranteed market and security we know our milk check is going to come every month. “ w 4' * * V —;John Frederick New Hope, PA
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