94 | 3 Things the Top 10% of Dairy Producers Do with Leland Kootstra
In this episode of the UpLevel Dairy Podcast, host Peggy Coffeen welcomes back guest Leland Kootstra, an accountant well-versed in the dairy farming business sector and founding partner of Frazer, LLP. The dialogue offers a trove of wisdom for generational dairy farmers, focusing on the skills needed to take over the helm and steer their family businesses to new horizons.
Leland emphasizes the importance of meticulousness in business operations, where an in-depth understanding of costs, schedules, and right-sizing is crucial for superior management. He also brings to light the significance of integrating robust risk management strategies to hedge against uncontrollable market volatility.
The three things that Leland sees the top 10% of dairy farmers doing are:
Being extremely knowledgeable on the details of the business
Having an action plan around risk management
Being cognizant of what it takes to be a reputable business
Listen to this episode with Leland Koostra
About Leland Kootstra
Leland Kootstra is a partner at Frazer, LLP – an accounting & consulting firm headquartered in California that specializes in the dairy industry. He joined the firm after graduating from Point Loma Nazarene University in 2011 and quickly gravitated towards working closely with clients in an advisor and consulting role. He serves clients across the U.S., in areas including distressed credit resolution, estate planning, litigation support, preparation of feasibility studies, real estate transactions, and credit acquisitions, among many others. In addition to his day-to-day projects, Leland occasionally guest lectures at Cal Poly University, has authored multiple articles in industry publications, and is actively working with a team to build a milk collection center in Ecuador. Personally, Leland his wife, Erin, keep busy chasing around their three kids – August, Margot, & Smith.
Contact Leland
Phone: 559.732.4135 ext. 117
Mobile: 559.816.7475
lkootstra@frazerllp.com
www.frazerllp.com
About HighGround Dairy
This episode is brought to you by HighGround Dairy provides global dairy market intelligence, insurance services, futures & options brokerage, and advisory programs to a diverse range of dairy market participants throughout the supply chain.
Learn more at https://highgrounddairy.com/ or email them at info@highgrounddairy.com
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Connect with Peggy: peggy@upleveldairy.com
