More in Management

  • Apr 5, 2016
    blog

    Who benefits from cheap commodities?

    Low commodity prices can help some while hurting others. However, remember that commodity markets are extremely volatile and no economic cycle, up or down, lasts forever....More
  • Apr 5, 2016
    blog

    Surprising USDA reports

    On March 31, 2016, USDA released the Prospective Plantings Report, as well as the Quarterly Grain Stocks Report. These were very highly anticipated reports, due to the uncertainty in grain prices in recent months, the potential for increases in U.S. corn and soybean acreage in 2016, and the potential for even larger increases in USDA estimated grain stocks in the coming year....More
  • Mar 29, 2016
    blog

    3 concerns about American agriculture

    David Kohl recently participated in town hall meetings with farmers, lenders, agribusiness people and students. The majority have 3 major concerns about American agriculture, including: health care, regulations and crop insurance....More
  • Mar 23, 2016
    blog

    Advice from farmers 1

    Farmers from Iowa, Indiana and Ohio have written offer their advice and opinions on tillage, sustainability and soil health. Some agree with being progressive, and others are questioning it. What are your thoughts on being sustainable?...More
  • Mar 21, 2016
    blog

    2016 Custom farm rates hold steady

    The 2016 custom farming rates for corn and soybean production declined about 5 percent compared to a year earlier. In addition to the decline in fuel costs compared to 2015 levels, repair and labor expenses increased slightly from the previous year....More
  • Mar 15, 2016
    blog

    Will family living costs put your farm out of business?

    Farmers need to get serious and truly appreciate how much family living expenses can impact the profitability of a farm business. The numbers tell us that family living cost and taxes are two areas in which to capture significant savings....More
  • Mar 15, 2016
    blog

    Agriculture stats for National Ag Week 1

    National Ag Week is March 13-19 across the United States, and March 15, is National Ag Day. To help celebrate, enjoy some statistics about today’s agriculture industry....More
  • Mar 8, 2016
    blog

    Economic volatility will present opportunities, and failure for those who don't manage it

    Recently, a Kansas producer of the Baby Boomer generation asked me, “Hey Doc! When will economics stabilize?” Well, it is certainly understandable for producers to seek some sense of economic normalcy in these days of economic reset. My response, however, may not deliver the comfort for which this producer was hoping, but it is definitely not all bad news. ...More
  • Mar 1, 2016
    blog

    Estimated corn and soybean ARC-CO payments for 2015

    Many producers are now wondering what the 2015 ARC-CO payments will be, which will be paid in October 2016, given that average corn and soybean price levels have remained quite low....More
  • Feb 29, 2016
    blog

    Cost-Cutting 101, part 2: Land rent, capital expenses, labor costs

    With this list of potential reductions, including land rent, capital expenses labor and other costs, hopefully our producer focus groups provided some ideas on which you will expand. An economic reset offers the opportunity to re-evaluate and improve your operation both for short-term and long-term sustainability....More
  • Feb 23, 2016
    Commentary

    Cost-cutting 101: Fuel, family living, fertilizer

    This is a starting point in the cost-cutting process, as suggested by producers. Granted, this is a tough process that requires time, examination and inevitably, some hard choices. However, developing a strategy to cut costs strengthens both short-term and long-term sustainability....More

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