Minnesota dairy farmer expects thin margins in 2023
A central Minnesota dairy farmer anticipates tighter margins in 2023.
Dan Glessing of Waverly tells Brownfield inflation, supply chain disruptions, and the potential of a railroad strike all threaten his bottom line.
“It’s just nothing is helping right now. But there again, I think there will be a margin there. I don’t know that it’s going to be as big as I’d like to see it, or any dairy farmer for that matter.”
He tells Brownfield this year’s silage and hay crops were good.
“At the end of the day, our bunkers are full (and) our bins are full. We typically have some extra corn to sell, but that wasn’t necessarily the case this year. But I think it’s a better quality silage than it was a year ago.”
And if hay prices are reasonable next year, Glessing says there should be enough of a margin to remain profitable.
Glessing is president of Minnesota Farm Bureau.