More in Issues

  • Jun 16, 2015

    Avian flu outbreaks slow, but impacts continue

    Even though the number of avian flu cases has waned in recent weeks, the economic impacts of the worst bird flu outbreak in U.S. history are not likely to disappear any time soon. The first turkey producers in central Minnesota that broke with the virus in early March have started to re-populate their barns, slightly over 90 days after their flocks were depopulated....More
  • Jun 9, 2015

    Global trade risk, part 1

    The number one risk facing agriculture is international trade, because many facets of the agriculture industry are internationally interconnected. The slowdown of emerging economies is in full gear, and the results are being observed in the re-entrenchment of prices for commodities such as grains, oil, steel and copper. The slowdown is targeted toward the flyover states, i.e. the agricultural and rural regions in the U.S....More
  • Jun 1, 2015

    Signs of storm clouds in agriculture: Operating credit, asset sales

    Storm clouds are building as American agriculture, specifically the grain sector, is entering phase one of the post-commodity super cycle downturn. One of the first signs of a downturn is buildup of machinery and equipment inventory on dealership lots. Another: access to short-term operating credit will become an issue as some producers fail to meet existing loan covenants....More
  • May 26, 2015

    Are ag outlooks from 2010 on track in 2015?

    If you look back five years, what would you have said then compared to where we are today? Let’s dial the time machine back to 2010 and examine some of the hits and misses in economic projections....More
  • May 19, 2015

    10 perspectives on ag business from a college student

    I gave a recent conference attendee an assignment to complete during his nearly two hour drive home that evening. His assignment was to come up with 10 perspectives from my speech and give them to mom to turn in when she returned the next morning. And he did. From moderation in family living cost to knowing your bottom line, that young college student picked up my tips for success....More
  • May 12, 2015

    Potential changes to actively engaged rules 1

    In late March, USDA announced some proposed revisions to the actively engaged rules that are designed to further clarify some of the definitions and rules surrounding the requirement for management in a farm operation. This could potentially restrict certain individuals that currently qualify for farm program payments from potentially having future farm program payment eligibility beginning with the 2016 crop year....More
  • May 12, 2015

    Tips for working effectively with your ag lender, part 2

    Last week we talked about cash flow, sensitivity analyses and liquidity and how those matter when working with your ag lender. This week, lets go over the importance of a business plan, communications and productive assets....More
  • May 8, 2015
    Corn+Soybean Digest

    Factors driving land values: Commodity prices, input costs, margins, interest rates

    Sterling Liddell, vice president, food and agribusiness research, Rabo AgriFinance, talks about what's driving land values. There are four important factors: commodity prices, input costs, margins and interest rates....More
  • May 5, 2015

    Tips to work effectively with your ag lender, part 1

    During a recent panel, a participant asked CEOs from lending associations the following: Based on your experience, what are five points of wisdom that can increase our chances of working more effectively with our own lender and being successful? Here are their answers....More
  • Apr 29, 2015

    Your 40 chances

    We will continue to strive, as an information provider, to present you with good examples that help you make the most of your 40 chances. As Howard wrote in his book, “You’ve learned from your mistakes, but I’d guess that none of you feel you can afford to take a single year left on your string for granted.” We wholeheartedly agree....More
  • Apr 28, 2015

    Farm management best practices: Areas for concern 1

    In an environment of reduced prices and relatively high costs, the financials can quickly get out of hand if they are not analyzed and monitored. As producers look to diversify or shift enterprises, penciling out possible outcomes is critical upfront....More
  • Apr 28, 2015

    Avian flu impact on farmers, ag economy

    The deadly H5N2 virus, or avian flu virus (bird flu), was first detected in Minnesota in early March, but is now having an ever-increasing negative economic impact on Minnesota, Iowa, Wisconsin, and other Midwestern states....More
  • Apr 27, 2015

    Chipotle: A GMO fear-monger 4

    My newsfeed on Facebook has been cluttered with stories about Chipotle going non-GMO. The fact that they're doing that is their choice. Whatever. What upsets me is that they don't share with their consumers that the majority of their ingredients aren't GMO products to begin with!...More
  • Apr 21, 2015

    Farm management best practices

    Best management practices are hot topics inside and outside of agriculture. Have you ever wondered how you stack up as an agriculture producer? This year’s group survey at TEPAP results exhibited three potential weaknesses given the current agricultural economy which is transition....More
  • Apr 17, 2015
    Corn+Soybean Digest

    Trade opportunities with Southeast Asia

    This is becoming the trans-pacific year, says Sterling Liddell, vice president, food and agribusiness research, Rabo Agrifinance. "It offers a lot of opportunity to sell into those markets. This area is very important for the future of exports."...More
  • Apr 14, 2015

    Oil prices & other economic factors impacting farm revenue

    In my road warrior travels interacting with producers and agribusiness leaders, there is much discussion concerning oil prices and other economic variables that seem to provide a surprise around every corner. A question from one producer was, “How is oil connected to up to 80% of farm and ranch expenses and potential revenue?”...More
  • Apr 7, 2015

    Family dynamics in business: The curse of wealth and compensation

    A “kiss of death” to businesses is bringing the younger generation into the business on a manager’s salary, but with hired employee work or skill sets. This principle is accentuated in a volatile economic climate....More

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