Dairy farmers in more than forty counties throughout the State submit records for summarization through Cooperative Extension's Farm Business Management Program. Each dairy farmer receives a report for the farm containing all the management information found in this publication. A compilation of the individual farm reports is published in ten regional summaries like this one and in one statewide summary. These publications are used not only by extension personnel and dairy farmers but also by many segments of the dairy industry to monitor the health of the milk production sector. Primary objectives of the dairy farm business management program are to (1) assist farmers in developing and maintaining more complete farm business data for use in management decisions and (2) help farmers improve their management skills through appropriate use of farm record data and application of modern decision-making techniques. This report is prepared in workbook form for use in the systematic study of individual farm business operations. This booklet should also be useful to farmers in Columbia and Dutchess counties who are not enrolled in the business management project and to agribusiness firms.