More in Business

  • Jan 25, 2016
    blog

    4 tips to help set farm business goals

    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....More
  • Jan 22, 2016
    blog

    Is there any optimism in the soybean market?

    Soybean bulls continue to talk about fundamental weather uncertainties in many parts of Brazil and now a few areas inside Argentina. The much larger macro bears continue to point toward weaker currency in comparison to the U.S. dollar....More
  • Jan 19, 2016
    blog

    State of the ag economy, part 2: Economic growth, inflation, unemployment

    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....More
  • Jan 15, 2016
    blog

    Corn prices stay in tight range

    Corn continues to trade in an extremely tight range as neither the U.S. crop or the highly important second-crop of Brazil are in the ground. In other words, there's not a lot of "weather" in the headlines to excite the bulls....More
  • Jan 12, 2016
    blog

    USDA reports excite the soybean market

    Soybean bulls were happy to see lower ending stocks! Many in the trade thought we could see an increase from the record large yield of 48.3 bpa raised another .5 bpa with this month's report. The USDA, in somewhat of a surprise move, lowered yields to 48.0 bpa, although still a record....More
  • Jan 12, 2016
    blog

    State of the ag economy

    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....More
  • Jan 5, 2016
    blog

    Be patient with the corn market

    As a producer, I still believe we could see another leg lower in price, but doubt the trade makes many bold moves until it fully digests the USDA end-of-year data scheduled for release on January 12....More
  • Jan 5, 2016
    blog

    Kickoff for 2016: China's economy, farming costs, tighter credit

    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....More
  • Dec 28, 2015
    blog

    Farming in 2016: Land values, farm program payments, cash flow, management strategies

    As we end 2015, many farmers are focusing on cash flow strategies for 2016, wondering what the future holds for land values, cash rental rates, and 2015 ARC-CO payment prospects, as well as being concerned how various ag policy issues may play out in a Presidential election year....More
  • Dec 22, 2015
    blog

    21st Century agriculture: What's next?

    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....More
  • Dec 22, 2015
    blog

    2015 Agriculture review, part 2: Input costs, grain prices and avian flu

    This is the second of a two-part article highlighting what happened agriculturally in 2015. Last week’s article provided a review of 2015 crop production and weather conditions. This week we will focus on some highlights regarding input costs, grain prices and the avian flu virus outbreak in 2015....More
  • Dec 21, 2015
    blog

    Looking forward: Fertilizer strategy, climate extremes, water management

    I like to take time every December to reflect on the past year, as well as weigh changes for the coming year and beyond. I know there are big profit challenges ahead — while facing greater weather extremes....More
  • Dec 18, 2015
    blog

    Can South American weather, politics push soybean prices higher?

    It's all about South American weather and politics right now, two headlines that remain extremely unpredictable. Will those factors boost soybean prices?...More

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