Most Recent Blog Posts

Nov 05, 2013

Is There a Future for Mom-and-Pop Farms?

One of the questions posed to us concerned the future of mom-and-pop farms. First, this term needs to be defined because it can be very difficult to....More
Oct 29, 2013

Institutional Knowledge

The U.S., other developed countries and, to some extent, North American agriculture could experience a tremendous loss of institutional knowledge as....More
Oct 22, 2013

Mental bankruptcy

....More
Oct 15, 2013

Points to ponder

I recently made my annual trek to WebEquity Solutions’ annual client conference in Omaha, NE. What started over 15 years ago as a small conference....More
Oct 08, 2013

Will the farmland bubble burst?

One of the top 10 questions I am asked, and perhaps number one or two, is “Will the farmland bubble burst?” Examination of farm real estate data by....More
Oct 01, 2013

Young Farmer Advice, Part 2

The last column focused on a young producer who provided advice to his peers at a young and beginning farmer and rancher conference in Omaha, Neb. I....More
Sep 24, 2013

Young farmer offers advice to peers

At a recent event in Omaha, NE, a young producer, who was first appointed to the board of directors and then elected, provided a glimpse of the type....More
Sep 17, 2013

An Aussie’s view of financial, business benchmarking: Part 4: Liquidity

Net working capital, measured by current assets minus current liabilities, is a measure of the current economic times in agriculture. To make it a....More
Sep 10, 2013

An Aussie’s view of financial, business benchmarking: Part 3: Debt levels

If you have been following this series of articles on financial and business benchmarking, you know benchmarking is one of the top-10 best management....More
Sep 03, 2013

An Aussie’s view of financial and business benchmarking, part 2: Profits

There are four cornerstones regardless of enterprise, size or location that need to be examined. First and foremost are profits, which are the....More
Aug 27, 2013

An Aussie’s view of financial, business benchmarking in the ag industry: Part 1

I hit the jackpot the other day when I was in Des Moines, Iowa to speak to the New Century Farmer group. A chance meeting with an Australian farmer....More
Aug 20, 2013

Attitude: A characteristic for success

Whether it is business, athletics, the classroom, or social interactions, attitude transcends society. Yes, as the road warrior, I am constantly....More
Aug 15, 2013

Points of Advice for Young Producers: Part 2

My favorite advice is to prepare and use a written business plan. Vision, core values and goals, along with an outline of operations, finances, risk....More
Aug 06, 2013

Points of Advice for Young Producers: Part 1

As many of you know, I conduct many programs for young and beginning producers. Sometimes the “young” attribute does not really apply, as many people....More
Jul 30, 2013

Where is the Work in Working Capital?

A producer from Ohio really challenged a young lender the other day. He stated, “You lenders and academics preach that I need working capital....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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