David Kohl

David Kohl

Dave Kohl, Corn & Soybean Digest trends editor, is an ag economist specializing in business management and ag finance. He recently retired from Virginia Tech, but continues to conduct applied research and travel extensively in the U.S. and Canada, teaching ag and banking seminars and speaking to producer and agribusiness groups. He can be reached at sullylab@vt.edu.

Posts by David Kohl

in Road Warrior Oct 21, 2014

Financial measure of efficiency for farm businesses

In many of my speeches I emphasize that better is better before bigger is better; that is, get efficient before you embark on growth. What is a good....More
in Road Warrior Oct 14, 2014

What's the coverage ratio for your farm?

One of the key financial ratios that agricultural lenders use to determine repayment ability is the term debt and lease coverage ratio. It measures....More
in Road Warrior Oct 07, 2014

Slipping farm profitability

After stellar financial performance from a net farm income standpoint from 2009 to 2012, median net incomes are moving back to levels observed in the....More
in Road Warrior Sep 30, 2014

Got the racecar, but don’t know how to drive It

How often do we see, particularly in family business transition, a situation in which the younger generation returns to a business that has been a....More
in Road Warrior Sep 23, 2014

The power of inflation: Time is not on your side!

As you think about retirement, keep in mind how inflation can impact your investment strategies. At a 4% historical long-term inflation rate, $50,000....More
in Road Warrior Sep 16, 2014

Biggest threats to young, beginning farmers

The saga of the young farmer and rancher continues as transition in the agriculture industry is in full bloom. While there is no surefire way to get....More
in Road Warrior Sep 08, 2014

Profit margin compression, part 3 – Price reality

Inflation, while benign in the general economy, has been running full steam ahead in input and operating costs in the agriculture industry ranging....More
in Road Warrior Sep 02, 2014

Profit margin compression, part 2: Operating expenses to revenue ratio

The average producer on FINBIN databases typically spends 73-75¢ to generate $1 of income, leaving only roughly 25¢ for other financial obligations....More
in Road Warrior Aug 26, 2014

Profit margin compression, part 1

In over 30 years analyzing and examining farm record data, I have noticed that profitability decline will usually precede cash flow and repayment....More
in Road Warrior Aug 19, 2014

Global and domestic economic risk

Currently, as of mid-August, geopolitical risk is the largest risk with a “code red.” The unrest in Ukraine and tension in the Middle East move....More

Sponsored Introduction Continue on to (or wait seconds) ×