Most Recent Blog Posts

Jun 30, 2015

Surviving an economic downturn in the agriculture industry

While difficult, decisions of restraint during the super cycle of profits put producers at an advantage going into this economic downturn. Many of....More
Jun 23, 2015

Agriculture super-cycles are not the norm

A long term trend cannot be determined by two year periods prior or post; nevertheless, adjustments in profit levels appear to be settling in. Multi-....More
Jun 16, 2015

Global trade risk, part 2: What actions can farmers take

It is imperative in today’s world of trade risk to build up extra liquidity or working capital reserves. How much is enough depends on debt servicing....More
Jun 09, 2015

Global trade risk, part 1

The number one risk facing agriculture is international trade, because many facets of the agriculture industry are internationally interconnected....More
Jun 01, 2015

Signs of storm clouds in agriculture: Operating credit, asset sales

Storm clouds are building as American agriculture, specifically the grain sector, is entering phase one of the post-commodity super cycle downturn....More
May 26, 2015

Are ag outlooks from 2010 on track in 2015?

If you look back five years, what would you have said then compared to where we are today? Let’s dial the time machine back to 2010 and examine some....More
May 19, 2015

10 perspectives on ag business from a college student

I gave a recent conference attendee an assignment to complete during his nearly two hour drive home that evening. His assignment was to come up with....More
May 12, 2015

Tips for working effectively with your ag lender, part 2

Last week we talked about cash flow, sensitivity analyses and liquidity and how those matter when working with your ag lender. This week, lets go....More
May 05, 2015

Tips to work effectively with your ag lender, part 1

During a recent panel, a participant asked CEOs from lending associations the following: Based on your experience, what are five points of wisdom....More
Apr 28, 2015

Farm management best practices: Areas for concern1

In an environment of reduced prices and relatively high costs, the financials can quickly get out of hand if they are not analyzed and monitored. As....More
Apr 21, 2015

Farm management best practices

Best management practices are hot topics inside and outside of agriculture. Have you ever wondered how you stack up as an agriculture producer? This....More
Apr 14, 2015

Oil prices & other economic factors impacting farm revenue

In my road warrior travels interacting with producers and agribusiness leaders, there is much discussion concerning oil prices and other economic....More
Apr 07, 2015

Family dynamics in business: The curse of wealth and compensation

A “kiss of death” to businesses is bringing the younger generation into the business on a manager’s salary, but with hired employee work or skill....More
Mar 31, 2015

Family dynamics in business: Handling employee issues

Handling employee issues in a farm business, particularly a family-run farm business, is tricky. Sometimes, a meeting is a better choice than an....More
Mar 24, 2015

Impact of family dynamic on business dynamics

How often do we find a major change in operations or expansion makes perfect economic sense; however, the important human elements trump economics....More
What's Road Warrior?

Dave Kohl is an ag economist specializing in business management and ag finance. He can be reached at sullylab@vt.edu.

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