Road Warrior http://cornandsoybeandigest.com/blog/70011/feed en Willingness to repay: Ag loan repayment plans http://cornandsoybeandigest.com/blog/willingness-repay-ag-loan-repayment-plans <div class="node-body blog-body"><p>With more farmers incurring negative margins, the "willingness to repay" will be increasingly scrutinized, and could be a challenge. Therefore, a plan B, or perhaps plan C, may be needed to meet commitments on a timely basis. </p></div> <p><a href="http://cornandsoybeandigest.com/blog/willingness-repay-ag-loan-repayment-plans" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/willingness-repay-ag-loan-repayment-plans#comments Issues Management Road Warrior Tue, 24 May 2016 21:26:00 +0000 104381 at http://cornandsoybeandigest.com You're not special: The value of customer service http://cornandsoybeandigest.com/blog/youre-not-special-value-customer-service <div class="node-body blog-body"><p>Unfortunately, human interaction is often an overlooked skill. Whether it is a farmer, rancher, lender, supplier or agribusiness professional, the art of one-on-one interactions can be a competitive advantage. </p></div> <p><a href="http://cornandsoybeandigest.com/blog/youre-not-special-value-customer-service" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/youre-not-special-value-customer-service#comments Issues Management Road Warrior Mon, 16 May 2016 22:27:00 +0000 104241 at http://cornandsoybeandigest.com 5 considerations for fixed vs. variable interest rates http://cornandsoybeandigest.com/blog/5-considerations-fixed-vs-variable-interest-rates <div class="node-body blog-body"><p>Now that interest rates have increased, many producers want to know whether they should fix interest rates on their loans or continue on with a variable rate. Here are five considerations when making that choice for your farm loan.</p></div> <p><a href="http://cornandsoybeandigest.com/blog/5-considerations-fixed-vs-variable-interest-rates" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/5-considerations-fixed-vs-variable-interest-rates#comments Issues Management Road Warrior Tue, 10 May 2016 19:44:00 +0000 104181 at http://cornandsoybeandigest.com Recession impact on Baby Boomer retirement from farm business http://cornandsoybeandigest.com/blog/recession-impact-baby-boomer-retirement-farm-business <div class="node-body blog-body"><p>The best approach to a retirement decision starts personally and requires examination of several factors. A plan that is thoughtful and thorough in considering goals, health, expenses and income is a good start in the right direction. </p></div> <p><a href="http://cornandsoybeandigest.com/blog/recession-impact-baby-boomer-retirement-farm-business" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/recession-impact-baby-boomer-retirement-farm-business#comments Issues Management Road Warrior Tue, 03 May 2016 19:49:00 +0000 104091 at http://cornandsoybeandigest.com Rain slows planting progress http://cornandsoybeandigest.com/blog/rain-slows-planting-progress <div class="node-body blog-body"><p>Frequent rainfall events during the last 10 days of April, along with saturated soils, has halted corn and soybean planting in many areas of the Upper Midwest. Some portions of the region have a significant amount of corn planted, while other areas have barely started.</p></div> <p><a href="http://cornandsoybeandigest.com/blog/rain-slows-planting-progress" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/rain-slows-planting-progress#comments Corn Soybeans corn planting soybean planting Road Warrior Mon, 02 May 2016 20:45:00 +0000 104081 at http://cornandsoybeandigest.com Farmers must manage variable and fixed costs in 2016 http://cornandsoybeandigest.com/blog/farmers-must-manage-variable-and-fixed-costs-2016 <div class="node-body blog-body"><p>Yes, costs do lag prices in decline, but they are resetting. In the meantime, producers must cover variable and fixed expenses in order to continue daily operations and management. </p></div> <p><a href="http://cornandsoybeandigest.com/blog/farmers-must-manage-variable-and-fixed-costs-2016" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/farmers-must-manage-variable-and-fixed-costs-2016#comments Corn Issues Soybeans Management Road Warrior Tue, 26 Apr 2016 22:08:00 +0000 103991 at http://cornandsoybeandigest.com Q+A with David Kohl: Lending, farm transition, ROI, land prices http://cornandsoybeandigest.com/blog/qa-david-kohl-lending-farm-transition-roi-land-prices <div class="node-body blog-body"><p>Road Warrior David Kohl answers your questions about the lending landscape, farm transition, land values and return on investment, offering this advice: Even with suppressed prices and volatile markets, experience mixed with a good manager can help an agricultural business successfully compete in today’s economic environment. </p></div> <p><a href="http://cornandsoybeandigest.com/blog/qa-david-kohl-lending-farm-transition-roi-land-prices" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/qa-david-kohl-lending-farm-transition-roi-land-prices#comments Issues Management Road Warrior Tue, 19 Apr 2016 20:05:00 +0000 103921 at http://cornandsoybeandigest.com What I learned from 4-H and FFA http://cornandsoybeandigest.com/blog/what-i-learned-4-h-and-ffa <div class="node-body blog-body"><p>Participation in groups like 4-H, FFA or similar programs gives young people a sense of belonging, confidence and teamwork that prepare them for a successful future.</p></div> <p><a href="http://cornandsoybeandigest.com/blog/what-i-learned-4-h-and-ffa" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/what-i-learned-4-h-and-ffa#comments Issues Road Warrior Tue, 12 Apr 2016 15:30:00 +0000 103831 at http://cornandsoybeandigest.com Who benefits from cheap commodities? http://cornandsoybeandigest.com/blog/who-benefits-cheap-commodities <div class="node-body blog-body"><p>Low commodity prices can help some while hurting others. However, remember that commodity markets are extremely volatile and no economic cycle, up or down, lasts forever.</p></div> <p><a href="http://cornandsoybeandigest.com/blog/who-benefits-cheap-commodities" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/who-benefits-cheap-commodities#comments Issues Pricing Road Warrior Tue, 05 Apr 2016 21:38:00 +0000 103741 at http://cornandsoybeandigest.com 3 concerns about American agriculture http://cornandsoybeandigest.com/blog/3-concerns-about-american-agriculture <div class="node-body blog-body"><p>David Kohl recently participated in town hall meetings with farmers, lenders, agribusiness people and students. The majority have 3 major concerns about American agriculture, including: health care, regulations and crop insurance. </p></div> <p><a href="http://cornandsoybeandigest.com/blog/3-concerns-about-american-agriculture" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/3-concerns-about-american-agriculture#comments Issues Management Road Warrior Tue, 29 Mar 2016 21:22:00 +0000 103641 at http://cornandsoybeandigest.com It's time to stress-test your farm business financials http://cornandsoybeandigest.com/blog/its-time-stress-test-your-farm-business-financials <div class="node-body blog-body"><p>With commodity prices falling and more negative margins, lenders are now asked to “stress test” your financial conditions as well as their agricultural portfolio. Let’s examine what is involved in “stress testing” and what may be yet to come. </p></div> <p><a href="http://cornandsoybeandigest.com/blog/its-time-stress-test-your-farm-business-financials" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/its-time-stress-test-your-farm-business-financials#comments Corn Issues Soybeans Finance Road Warrior Tue, 22 Mar 2016 20:25:00 +0000 103521 at http://cornandsoybeandigest.com Will family living costs put your farm out of business? http://cornandsoybeandigest.com/blog/will-family-living-costs-put-your-farm-out-business <div class="node-body blog-body"><p>Farmers need to get serious and truly appreciate how much family living expenses can impact the profitability of a farm business. The numbers tell us that family living cost and taxes are two areas in which to capture significant savings. </p></div> <p><a href="http://cornandsoybeandigest.com/blog/will-family-living-costs-put-your-farm-out-business" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/will-family-living-costs-put-your-farm-out-business#comments Corn Issues Soybeans Management Road Warrior Tue, 15 Mar 2016 22:12:00 +0000 103431 at http://cornandsoybeandigest.com Economic volatility will present opportunities, and failure for those who don't manage it http://cornandsoybeandigest.com/blog/economic-volatility-will-present-opportunities-and-failure-those-who-dont-manage-it <div class="node-body blog-body"><p>Recently, a Kansas producer of the Baby Boomer generation asked me, &ldquo;Hey Doc! When will economics stabilize?&rdquo; Well, it is certainly understandable for producers to seek some sense of economic normalcy in these days of economic reset. My response, however, may not deliver the comfort for which this producer was hoping, but it is definitely not all bad news.&nbsp;</p></div> <p><a href="http://cornandsoybeandigest.com/blog/economic-volatility-will-present-opportunities-and-failure-those-who-dont-manage-it" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/economic-volatility-will-present-opportunities-and-failure-those-who-dont-manage-it#comments Corn Issues Soybeans Management Road Warrior Tue, 08 Mar 2016 22:58:00 +0000 103351 at http://cornandsoybeandigest.com Cost-Cutting 101, part 2: Land rent, capital expenses, labor costs http://cornandsoybeandigest.com/blog/cost-cutting-101-part-2-land-rent-capital-expenses-labor-costs <div class="node-body blog-body"><p>With this list of potential reductions, including land rent, capital expenses labor and other costs, hopefully our producer focus groups provided some ideas on which you will expand. An economic reset offers the opportunity to re-evaluate and improve your operation both for short-term and long-term sustainability. </p></div> <p><a href="http://cornandsoybeandigest.com/blog/cost-cutting-101-part-2-land-rent-capital-expenses-labor-costs" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/cost-cutting-101-part-2-land-rent-capital-expenses-labor-costs#comments Corn Issues Soybeans Management Road Warrior Mon, 29 Feb 2016 19:58:00 +0000 103221 at http://cornandsoybeandigest.com Cost-cutting 101: Fuel, family living, fertilizer http://cornandsoybeandigest.com/blog/cost-cutting-101-fuel-family-living-fertilizer <div class="node-body blog-body"><p>This is a starting point in the cost-cutting process, as suggested by producers. Granted, this is a tough process that requires time, examination and inevitably, some hard choices. However, developing a strategy to cut costs strengthens both short-term and long-term sustainability.</p></div> <p><a href="http://cornandsoybeandigest.com/blog/cost-cutting-101-fuel-family-living-fertilizer" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/cost-cutting-101-fuel-family-living-fertilizer#comments Fertilizer Issues Management Road Warrior Tue, 23 Feb 2016 22:54:00 +0000 103191 at http://cornandsoybeandigest.com