More in Issues

  • Feb 24, 2015
    blog

    Time to finalize 2015 crop insurance decisions

    Profit margins for crop production this year are the tightest that they have been for several years, which makes 2015 crop insurance decisions extremely important. Many farm operators are looking for ways to reduce their crop operating expenses for 2015; however, cutting back on crop insurance coverage may not be a wise decision....More
  • Feb 20, 2015
    blog

    Going to Commodity Classic? Download the mobile app!

    Are you going to Commodity Classic this year? Have you downloaded the mobile app to your phone yet? Make sure you do so you can use some of the great features, including maps, the whole schedule, a to-do list and tweeting....More
  • Feb 17, 2015
    blog

    Ag borrowers who will struggle, part 2

    There are certain characteristics of borrowers who will struggle at the end of the agricultural commodity super cycle. This includes farmers who won cash-rent lotteries during the upswing, as well as farmers who have high equity but marginal profits. Young ag professionals and rural America will also feel the pinch of the commodity downturn....More
  • Feb 17, 2015
    blog

    New crop insurance options for 2015

    Profit margins for crop production this year are the tightest that they have been for several years, which makes the 2015 crop insurance decisions even more critical. Producers have several crop insurance policy options to choose from, including yield protection (YP) policies and revenue protection (RP and RPE) policies, as well as several other group insurance policy options....More
  • Feb 10, 2015
    blog

    Farm program deadlines approaching

    The deadline to finalize decisions on base acre reallocation and updating payment yields at local Farm Service Agency (FSA) offices is Feb 27. The deadline for producers to complete the farm program choice on each farm unit, and potentially on each eligible crop, is March 31....More
  • Feb 10, 2015
    blog

    Ag borrowers who will struggle, part 1

    In the coming years, there will be ag borrowers who will struggle. Three specific groups to watch are those businesses that utilized too much of their profits and working capital to purchase land, those who acquired machinery to reduce income taxes and those with high debt levels....More
  • Feb 3, 2015
    blog

    Do you know your cost of production?

    Many producers, including larger operations, quickly get themselves into a serious financial condition if they are complacent and fail to monitor financial records. A good CEO producer will generally have a good idea where they stand financially at any point in time....More
  • Jan 27, 2015
    blog

    Advice for teens who want to farm

    At a recent event, David Kohl offered advice to teenagers who want to farm or be in the agriculture business. Focusing on different types of education and classes, he encouraged students to take a variety of classes, focus on the good professors and to complete internships outside of their region and country....More
  • Jan 22, 2015
    blog

    Winter: Time to ponder

    Ahh the doldrums of January are upon us. Time to ponder your agronomic practices, tinker with equipment and fine-tune the business plan given the current state of commodity prices....More
  • Jan 20, 2015
    blog

    Decision making with negative margins, part 2: Returning to positive margins

    Let’s examine five-steps for returning to positive margins in your agriculture business, in no particular order. Some of these steps can be used to build efficiency in profitable businesses as well....More
  • Jan 13, 2015
    blog

    Decision making with negative margins, part 1

    The reality is setting in that some producers, particularly those in the grain sector, will experience negative margins in 2015, which is something not experienced in many years. How can a producer troubleshoot their business and work with their lender when margins are tight, or even negative?...More
  • Jan 8, 2015
    video
    Corn+Soybean Digest

    Genetic engineering benefits

    Farmers see the benefit of genetic engineering because it's made their work safer, said Don Lee, genetics professor at University of Nebraska, when he spoke to Managing Editor Susan Winsor. Lee also talked about the benefits of golden rice, as well as the naturally occurring process and the safety of the foods....More
  • Jan 6, 2015
    blog

    2015 Kickoff

    Everyone has had their fill of football bowl games, and now we are into the college and professional football playoffs, which usually provide some surprises and upsets. This is much like thinking ahead about what to expect in 2015. The following are a few of the thoughts and perspectives that you may want to consider in your planning or conversations with your business partners....More
  • Jan 6, 2015
    blog

    Market year average prices affect farm program decisions

    One of the key components for farm operators to understand as they evaluate the new farm program options is the concept of Market Year Average (MYA) price. The MYA price for a given crop year is used to calculate any potential payments for all three farm program options: Price Loss Coverage (PLC), Ag Risk Coverage-County (ARC-CO), and Ag Risk Coverage-Individual (ARC-IC). The historical MYA prices are also used to determine the benchmark revenues for both the ARC-CO and ARC-IC program options....More
  • Dec 31, 2014
    blog

    Will the funds continue to place bullish bets on corn, soybeans?

    As a producer, I continue to hold out for slightly higher corn prices before pulling the trigger on additional sales. From a spec perspective, I prefer being a longer-term buyer on a deeper break. And I am sticking with the thought that higher soybean prices might be in our near-term future....More
  • Dec 29, 2014
    blog

    Why climate deniers? 17

    My science brain is just plain confused. And I can’t wrap my head around the recent farmer survey that shows 31% of 4,778 farmers surveyed believe there isn’t sufficient evidence that climate change is occurring....More
  • Dec 23, 2014
    blog

    2014 in the rearview mirror: ag economy, technology, farm management

    The year 2014 has truly been a time of transition for the agricultural industry and rural areas. While challenging, there will be more opportunities to succeed in agriculture in the next decade than the last 30 years, but there will also be more opportunities to fail. A game plan including resiliency and agility will be the themes for 2015 and beyond for those moving to a higher level of management in the industry of agriculture....More

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