|Tucked away in the northwestern most corner of the state, Freund’s Farm sits on 600 beautiful acres, proudly serving as one of Connecticut’s most notable and progressive dairy farms. The farm was started in 1949 by Eugene and Esther Freund. The operation has grown over the past 70 years and now boasts a herd of nearly 300 happy, healthy Holsteins. The family has done well to evolve with changing times, outfitting their operation with solar power to help reduce costs and their impact on the local environment. Freund’s Farm also employs the use of robotic milking machines which greatly improves the efficiency of the milking process while keeping their cows content and productive.
In 1970, the Freunds took advantage of a surplus of an unlikely resource, cow manure, with the invention of Cow Pots. These thoughtful and eco-friendly pots have become a favorite of gardeners from all walks due to their biodegradability, making seed starting a breeze. The resourcefulness of the family over the years has made them a leader in sustainability, receiving the US Dairy Sustainability Award of Outstanding Resource Stewardship. Freund’s Farm has also established a successful bakery and farmer’s market, providing their local community with fresh local food. Despite the often-risky nature of dairy farming in CT, the Freund family continues to solidify their position as an industry leader due to their ingenuity and dedication.
|UConn Extension had an opportunity to talk with Ben Freund of Freund’s Farm about some of the risks associated with dairy farming in Connecticut and the role that insurance plays to alleviate some of the associated stressors. The biggest risk to dairy farming is often the weather, a factor that can hardly be controlled. However, market variability is a risk to which there are a range of mitigation strategies. Both the costs of inputs and the market price of milk fluctuate often. The Freunds work closely with insurance agents to customize government subsidized insurance plans to meet the farms needs and guarantee the price of milk for a certain period of time. The flexibility of the plans allows the farm to maintain operations even when the market price of milk does not meet expectations. Ben Freund asserts the insurance is “an important tool” and that “having some sort of risk mitigation on the farm is worthwhile to understand and use”. You can watch Ben Freund’s entire video at the CT Risk Management website under the “Resource Library” tab.|