Feb 21, 2012

Decision Making Based On True Profits

Ask any farmer or rancher how profitable they are, and the response is usually “according to my taxes, I lose money most years.” However, the producer purchases new equipment, land and in some cases, personal assets, such as a new truck or car, or a vacation. How can this be? Many businesses are being managed using tax statements rather than an accrual-adjusted income statement....More
Feb 21, 2012

March 15 is Crop Insurance Deadline 1

March 15 is the deadline to purchase crop insurance for the 2012 crop year. A good crop insurance program is a key part of a solid risk-management plan for a farm business. Farm operators are encouraged to discuss the Common Crop Insurance Policy (COMBO) insurance options, as well as other 2012 crop insurance needs and options with their crop insurance agent before the deadline....More
Feb 21, 2012

USDA Sees Farm Income Down Sharply

U.S. farm income is expected to drop sharply in 2012 from last year’s record high as production costs rise by more than $10 billion for the second year in a row and crop receipts are limited by drought, USDA said recently in its first income forecast for this year....More
Mar 13, 2015

Do retired farmers sway tillage decisions?

Is it too unreasonable to consider even just one field of strip-till or no-till, if you save roughly $15 per acre, and each 1% of soil organic matter helps soil hold 20,000 gallons more water per acre? Tell me what influences your decisions; I’d like to hear from you....More
Mar 6, 2015

Conservation: Do your part 1

Where are you in your journey to build a conservation legacy? What is keeping you from making progress? Will it require a change in mindset? Will it require landlord buy-in, since it provides long-term benefits for their investment? I truly believe improved soil health will be a game-changer. Go for it....More
Latest poll

Will you back out of land rent contracts this year?

Rencently, Reuters published a story about farmers backing out of land rent contracts. Corn and soybean prices are below break-even levels, inputs haven’t come down much, and penciling a profit may be tough for some farmers in 2015. We’d like to know: Will you cancel some land rent contracts due to costs this year? Are you considering it? Or is losing land not an option for your farm? Take our latest poll and let us know. And leave a comment with your thoughts on land rents and prices and how that will impact your operation. Also, read more about this issue in a recent story we published.


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