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Dairy Economics February 21, 22, & 23, 2017 Sponsored by Illinois Milk Producers Association University of Illinois Extension2017 IL Dairy Summit Book Sponsors THANK YOU to the following agribusinesses
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Dairy economics refers to the study and analysis of the economic aspects of the dairy industry, including production, consumption, pricing, and other related factors.
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The purpose of dairy economics is to help dairy farmers and businesses make informed decisions based on economic analysis and data to improve profitability and sustainability.
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Information such as production costs, revenue from milk sales, cost of feed, labor expenses, equipment costs, and any other financial data related to the dairy operation must be reported on dairy economics.
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