More in Management

  • Feb 8, 2016
    blog

    7 considerations for choosing the best crop insurance in 2016 2

    March 15 is the deadline to purchase crop insurance for the 2016 crop year. Profit margins for crop production this year are the tightest they have been for several years, which makes the 2016 crop insurance decisions even more critical....More
  • Feb 2, 2016
    blog

    International trade risk impact on agriculture industry

    Historically, agriculture has led the rest of the economy going into an economic downturn. Will this historical pattern hold true again for the U.S.?...More
  • 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
    poll

    How much GM corn will you plant? 11

    Conventional seed planting is on the rise, a trend driven by tight margins. (Read our recent story.) Will you trend toward more conventional seed in order to keep costs down? Or will you stick with stacks and traited hybrids? Take our latest poll and let us know what percentage of your acres will be conventional versus genetically modified hybrids.  ...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 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 12, 2016
    blog

    5 strategies for risk management on the farm in 2016

    Projected profit margins for 2016 crop production are still below breakeven levels for many producers. Here are some financial strategies for farm businesses to consider during these highly volatile and potential stressful financial times in the farming business....More
  • Jan. 7, 2016
    poll

    How would $700 million dollars impact your farm? 11

    The Powerball jackpot is going to be around $1.4 billion for the Jan. 13 drawing. ONE-POINT-FOUR BILLION DOLLARS. That's seriously life-changing. Even if you took the lump sum option, which will probably be around $900 million. Not a bad paycheck. How would winning something like that impact your farm? Would you buy more land? Hire people to run your farm? Or just pack up and leave it all behind? Have a little fun and take our latest poll! Feel free to comment with more options of spending your millions....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
  • Jan 5, 2016
    blog

    2015 ARC-CO payments will vary

    A very high percentage of crop producers in the U.S. are enrolled in the county yield-based Ag Risk Coverage (ARC-CO) farm program choice on their corn and soybean base acres for 2014-2018 crop years. Most producers in the Upper Midwest earned a significant corn ARC-CO payment for the 2014 crop year, while farm operators in some counties also earned a substantial 2014 ARC-CO payment on their soybean base acres....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 15, 2015
    blog

    How do I cut per-acre costs?

    Regardless of the target number for cuts or income, innovation and creativity will be required to maintain success. Luckily, those are well-established attributes of any good farmer....More
  • Dec 8, 2015
    blog

    Is it good to be a farmer?

    Regardless of the economic outlook, the cycle, or even where we are in the cycle, it is still good to be a farmer. The agriculture industry is integral to global economics, continuing innovation, and generations of sustainability....More
  • Dec 8, 2015
    blog

    Fine-tune profit margins for 2016

    Looking for ways to reduce or control direct and overhead expenses, including land rental costs, is also a key to improving profit potential for crop producers....More

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