Early in the boom cycle when prosperity was running high with record profits, farmers were making land investments. Later in the cycle, we are observing more equity being used as a down payment for farmland and in some cases lines of credit are being diverted from operating expenses to fund long-term investments....More
In prepping for a session I am (was) speaking at during the annual ASTA CSS Seed Expo on Dec. 12, I did a large search for apps to use in farming. From news to management to field operations to soil and fertilizer, I found more than 50 apps that farmers could use to help their operations.
But why keep them to myself, or only share them with conference attendees? Here is a list of what I found. Some may be repeats from what I’ve covered before, but there are definitely a lot of new ones in this list. Enjoy!...More
It's the time of year to review what we've been thinking different about at Corn + Soybean Digest. From organic matter and crop sensors to variable seeding and nitrogen tests, along with narrow rows and cover crops, the first three issues of CSD brought lots of opportunity to think different about the way you farm.
The U.S. farm balance sheet from a debt and equity position is much stronger now than it was in the 1980s. The debt to asset ratio in the 1980s ranged from 20% to 24%, compared to 10% today. That being said, debt was dispersed over a larger number of producers in the prior periods....More
John Jackle, who farms 1,800 corn and soybean acres near Jasper, Ind., talks about Climate|Pro from The Climate Corporation. He uses it to gauge weather, and also takes advantage of the advisors available, including the harvest advisor....More
It's the time of year when we all talk about being thankful. And while we should probably all recognize the things we're thankful for a little more often, at least we're talking about them now. Atop my personal list: a beautiful daughter, an amazing family and one heck of a great life. And part of why my life is so great: agriculture. ...More
High-quality balance sheets initially can be difficult and time-consuming to prepare, particularly given all the livestock and crops involved in diversified and multi-entity operations, but if updated in a timely manner, they're a good financial management tool for farm operations....More