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Dairy Facts 2016

IDFA to Host Winter Workshops on Accounting and Finance, Milk Procurement

Sep 20, 2017

Winter is coming and so are two of IDFA’s classic courses. The Milk Procurement Workshop and the Dairy Accounting and Finance Workshop will be held this year Dec. 12-13 in Charlotte, North Carolina. The workshops are longtime industry favorites; each course has been attended by dairy professionals for more than 20 years.

Led by industry and subject matter experts, the two courses will offer a straightforward look at several dairy fundamentals, allowing new employees to develop the skills they need and seasoned professionals to further hone their skills.

 Milk Procurement Workshop

The Milk Procurement Workshop provides a hands-on overview of milk price regulations for dairy industry professionals.

“It has always been rewarding to help newcomers to dairy or milk procurement understand how the industry’s complicated regulations affect their businesses,” said Bob Yonkers, Ph.D., former IDFA chief economist and current consultant. “I’m also looking forward to seeing former attendees who come back to brush up on their milk pricing skills.”

The course will be taught by Yonkers, who is a nationally recognized milk-pricing expert who analyzes the economic impacts of marketing conditions, government regulations and alternative policies on U.S. and international dairy. He will offer his insight and experience during the workshop, providing an overview of dairy industry trends, policy and pricing basics, with a focus on understanding milk price regulation, including how farm milk is priced both inside and outside the Federal Milk Marketing Order System.

Dairy Accounting and Finance Workshop

Presented by Herbein + Company, Inc., a professional services firm, the Dairy Accounting and Finance Workshop will help dairy accountants and financial managers learn strategies and skills to enhance their understanding of corporate financial functions and increase the profitability of their companies.

Efficiency, strategy and skill will be the focus of every session. Carl Herbein, president and CEO of Herbein + Company, and Ronald Mong, CPA and senior manager, will cover the ins and outs of milk pricing, tax credits, cost segregation, federal and state milk reports, cost centers, measuring plant efficiency and more.

Sixteen hours of Accounting and Auditing Continuing Professional Education Credit (CPE) will be awarded with the completion of this workshop.

Registration is now open for the Milk Procurement Workshop and the Dairy Accounting and Finance Workshop, Dec. 12-13 in Charlotte, North Carolina.

For more information, contact Melissa Lembke, manager of IDFA meetings and educational services, at

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