Road Warrior http://cornandsoybeandigest.com/blog/70011/feed Dave Kohl is an ag economist specializing in business management and ag finance. He can be reached at sullylab@vt.edu. en Farm equity doesn't pay the bills http://cornandsoybeandigest.com/blog/farm-equity-doesnt-pay-bills <div class="node-body blog-body"><p>Regardless of crop or livestock prices, the global economic forces of the U.S. strong dollar and weaker demand continue to suppress revenues. Coupled with elevated fixed and variable costs, lower commodity prices and global uncertainty, many producers are pressed to face negative margins or at best, a breakeven point in income.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/road-warrior">Road Warrior</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/farm-equity-doesnt-pay-bills" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/farm-equity-doesnt-pay-bills#comments Issues Management Road Warrior Mon, 08 Feb 2016 22:25:00 +0000 102991 at http://cornandsoybeandigest.com International trade risk impact on agriculture industry http://cornandsoybeandigest.com/blog/international-trade-risk-impact-agriculture-industry <div class="node-body blog-body"><p>Historically, agriculture has led the rest of the economy going into an economic downturn. Will this historical pattern hold true again for the U.S.? </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/road-warrior">Road Warrior</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/international-trade-risk-impact-agriculture-industry" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/international-trade-risk-impact-agriculture-industry#comments Issues Marketing Management Road Warrior Tue, 02 Feb 2016 22:41:00 +0000 102871 at http://cornandsoybeandigest.com 4 tips to help set farm business goals http://cornandsoybeandigest.com/blog/4-tips-help-set-farm-business-goals <div class="node-body blog-body"><p>By Groundhog Day, one needs to have business family, and personal goals clearly written out for the year. These written goals should be SMART: specific, measurable, attainable, rewarding and timely. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/road-warrior">Road Warrior</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/4-tips-help-set-farm-business-goals" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/4-tips-help-set-farm-business-goals#comments Corn Issues Soybeans Management Road Warrior Mon, 25 Jan 2016 21:25:00 +0000 102771 at http://cornandsoybeandigest.com <p>Image: AVOSB/iStock/ThinkStock</p> State of the ag economy, part 2: Economic growth, inflation, unemployment http://cornandsoybeandigest.com/blog/state-ag-economy-part-2-economic-growth-inflation-unemployment <div class="node-body blog-body"><p>It is important to note that the leading economic indicators show concerning signs of a slowing or contracting U.S. economy. Specifically, manufacturing, energy and other basic industries will see the slowdown first. However, regardless of the industry, a recession in the U.S. would create widespread impact. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/road-warrior">Road Warrior</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/state-ag-economy-part-2-economic-growth-inflation-unemployment" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/state-ag-economy-part-2-economic-growth-inflation-unemployment#comments Issues Management Road Warrior Tue, 19 Jan 2016 22:25:00 +0000 102671 at http://cornandsoybeandigest.com State of the ag economy http://cornandsoybeandigest.com/blog/state-ag-economy <div class="node-body blog-body"><p>In order to successfully navigate the economic reset, one must factor in outside influences. Factors such as the U.S. economy will bear direct impact on future profit potentials for farm businesses. Monitoring key indicators can help you better direct and focus your strategic planning for future sustainability. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/road-warrior">Road Warrior</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/state-ag-economy" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/state-ag-economy#comments Issues Management Road Warrior Tue, 12 Jan 2016 22:31:00 +0000 102591 at http://cornandsoybeandigest.com Kickoff for 2016: China's economy, farming costs, tighter credit http://cornandsoybeandigest.com/blog/kickoff-2016-chinas-economy-farming-costs-tighter-credit <div class="node-body blog-body"><p>2016 certainly will not be a boring year. While agriculture has experienced various economic resets before, circumstances today are different. As an interconnected industry, global as well as domestic factors such as, China or the U.S. election will bear direct impact on agriculture and future profits.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/road-warrior">Road Warrior</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/kickoff-2016-chinas-economy-farming-costs-tighter-credit" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/kickoff-2016-chinas-economy-farming-costs-tighter-credit#comments Issues Management Road Warrior Tue, 05 Jan 2016 22:12:00 +0000 102481 at http://cornandsoybeandigest.com 21st Century agriculture: What's next? http://cornandsoybeandigest.com/blog/21st-century-agriculture-whats-next <div class="node-body blog-body"><p>Undoubtedly, the 21st century’s first 15 years were laden with change, challenges, and opportunities. Sound management and financial practices offer a large piece of the profits to those that embrace and execute their strategies. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/road-warrior">Road Warrior</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/21st-century-agriculture-whats-next" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/21st-century-agriculture-whats-next#comments Issues Management Road Warrior Tue, 22 Dec 2015 21:38:00 +0000 102371 at http://cornandsoybeandigest.com How do I cut per-acre costs? http://cornandsoybeandigest.com/blog/how-do-i-cut-acre-costs <div class="node-body blog-body"><p>Regardless of the target number for cuts or income, innovation and creativity will be required to maintain success. Luckily, those are well-established attributes of any good farmer.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/road-warrior">Road Warrior</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/how-do-i-cut-acre-costs" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/how-do-i-cut-acre-costs#comments Corn Issues Soybeans Management Road Warrior Tue, 15 Dec 2015 19:20:00 +0000 102271 at http://cornandsoybeandigest.com Is it good to be a farmer? http://cornandsoybeandigest.com/blog/it-good-be-farmer <div class="node-body blog-body"><p>Regardless of the economic outlook, the cycle, or even where we are in the cycle, it is still good to be a farmer. The agriculture industry is integral to global economics, continuing innovation, and generations of sustainability. </p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/road-warrior">Road Warrior</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/it-good-be-farmer" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/it-good-be-farmer#comments Corn Issues Soybeans Management Road Warrior Tue, 08 Dec 2015 22:35:00 +0000 102201 at http://cornandsoybeandigest.com New farmer blues: How to position your farm business for tough times http://cornandsoybeandigest.com/blog/new-farmer-blues-how-position-your-farm-business-tough-times <div class="node-body blog-body"><p>In tough economic times there is sometimes a tendency to ignore or deny reality and hope better times magically reappear. Instead, reach out and use the resources around you. Attend meetings and engage with your lender, supplier, and peers. Networking can be extremely useful in developing strategies and actions to navigate tough economic times.</p></div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/road-warrior">Road Warrior</a></li> </ul></div><p><a href="http://cornandsoybeandigest.com/blog/new-farmer-blues-how-position-your-farm-business-tough-times" target="_blank">read more</a></p> http://cornandsoybeandigest.com/blog/new-farmer-blues-how-position-your-farm-business-tough-times#comments Issues Management Road Warrior Tue, 01 Dec 2015 15:31:00 +0000 102091 at http://cornandsoybeandigest.com