More in Management

  • May 16, 2016

    You're not special: The value of customer service 1

    Unfortunately, human interaction is often an overlooked skill. Whether it is a farmer, rancher, lender, supplier or agribusiness professional, the art of one-on-one interactions can be a competitive advantage....More
  • May 10, 2016

    5 considerations for fixed vs. variable interest rates

    Now that interest rates have increased, many producers want to know whether they should fix interest rates on their loans or continue on with a variable rate. Here are five considerations when making that choice for your farm loan....More
  • May 3, 2016

    Recession impact on Baby Boomer retirement from farm business

    The best approach to a retirement decision starts personally and requires examination of several factors. A plan that is thoughtful and thorough in considering goals, health, expenses and income is a good start in the right direction....More
  • Apr 29, 2016

    Save the whales…I mean nutrients

    I haven’t lost my marbles and started cruising the high seas on a Greenpeace ship. However, I did accept an invitation to meet with an environmental group during Commodity Classic....More
  • Apr 26, 2016

    2016 Custom farming agreements: Rates advantages and agreement basics

    Although the concept of a custom farming agreement is simple, close communication between the custom operator and the landowner is essential. A written contract for the custom farming agreement should definitely be prepared....More
  • Apr 26, 2016

    Farmers must manage variable and fixed costs in 2016

    Yes, costs do lag prices in decline, but they are resetting. In the meantime, producers must cover variable and fixed expenses in order to continue daily operations and management....More
  • Apr 19, 2016

    Q+A with David Kohl: Lending, farm transition, ROI, land prices

    Road Warrior David Kohl answers your questions about the lending landscape, farm transition, land values and return on investment, offering this advice: Even with suppressed prices and volatile markets, experience mixed with a good manager can help an agricultural business successfully compete in today’s economic environment....More
  • Apr 5, 2016

    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

    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

    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

    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

    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

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