More in Issues

  • Sep 14, 2015
    blog

    Worst farm management practices

    This is my list of the worst top 10 management practices. There are most certainly other aspects and components that are very important for businesses, but this list demonstrates that discipline is required for success. Even the mundane, seemingly boring tasks and details can be extremely important....More
  • Sep 8, 2015
    blog

    Complete, accurate farm financials necessary for ag lenders

    In the past, the lender may have completed the financial records for the borrower in reaction to stiff competition or perhaps, did a simple credit score check before allocating credit. These methods, however, are now history. Lack of complete and accurate financial records is indeed a serious issue; both for the lender and the producer....More
  • lender meeting
    Aug 31, 2015
    blog

    Advice for new ag lenders 1

    Increasingly, new lenders will be less familiar with agriculture and farm backgrounds. Further, expect individuals from varied backgrounds, national origins as well as perspectives to enter agricultural lending....More
  • Aug 25, 2015
    blog

    Tips for millennial generation farmers

    The millennial generation of producers will set new trends, use more advanced technology and take the agriculture industry into the future. Now is the time to mentor these young leaders and give them the tools they need to succeed professionally and individually....More
  • Aug 25, 2015
    blog

    Farm program enrollment deadline is September 30

    Farm operators are facing one more important deadline for the ARC/PLC Farm Program for the 2014 and 2015 crop years. They need to enroll in the farm program for 2014 and 2015 at their local Farm Service Agency (FSA) office by Sept. 30, 2015, in order to be eligible for farm program payments for those two years....More
  • Aug 18, 2015
    blog

    Best risk-management tools for agriculture operations

    good risk management should be a number of strategies implemented in various combinations to mitigate risk for specific business needs. Often, a business manager imagines one silver bullet that will magically address all needs in the operation. Unfortunately, there is no single tool that effective....More
  • Aug 10, 2015
    blog

    Know your farm operation costs

    Knowing your cost of production is essential to operating a sustainable business. Therefore, the ability to determine your cost is extremely important....More
  • Aug 5, 2015
    blog

    Farmers' choice for farm programs

    Farm operators in Minnesota, Iowa, and other Midwestern states overwhelmingly selected the Agricultural Risk Coverage-County (ARC-CO) farm program choice for corn and soybeans for the 2014-2018 crop years....More
  • Aug 5, 2015
    blog

    Margins, cash rents and land values

    In my travels conducting seminars, speeches and schools, margins, cash rents and land values appear to be major questions for people connected with the agriculture industry. In order to examine each of these topics in detail, I will use examples from the recent Graduate School of Banking at Colorado (GSBC) course....More
  • Jul 27, 2015
    blog

    Ag land values trending lower

    Many agricultural experts and economists have been warning for the past couple of years that we could be headed for a significant correction in farm land values in the Midwest. Based on recent data, there appears to be evidence that a reduction in average land values may be occurring in some regions of the U.S., including the Upper Midwest....More
  • Jul 27, 2015
    blog

    Perspective on the lending industry

    Today’s producers face squeezed margins and immense industry change; some voluntary and some not. The lender sitting on the other side of the desk has a very similar view....More
  • Jul 23, 2015
    press release

    DuPont Ag Academy Selects 48 Outstanding Teachers

    WILMINGTON, Del., July 16, 2015 – Through the National Agriscience Teacher Ambassador Academy (NATAA), DuPont has invited 48 of the nation’s finest agricultural science teachers to the company’s Chesapeake Farms in Chestertown, Md. Invited teachers learn new teaching techniques in order to elevate their students’ agriscience educational experience in classrooms....More
  • Jul 21, 2015
    blog

    Farm management strategies for tough economic times

    Economic health and viability are at the forefront for many involved in today’s agriculture industry. While some may prefer to just eat ice cream and hope for improved opportunities, proactive management strategies will be required for success....More
  • Jul 14, 2015
    blog

    Ag lender transition

    Agriculture is in a time of transition that will affect assets, operations and people. The ag lending industry, however, is also in a time of significant transition. Similar to agriculture, the careful management of this transition will be critical; especially, as some segments of agriculture enter turbulent economic times....More
  • Jul 7, 2015
    blog

    State of the U.S. ag economy: Energy, row crops, consumer sentiment

    Overall, the United States economy at halftime will grade out strong for the coasts and in the southern part of the country. Weather will of course, continue to play a large role in our overall economic state. In any scenario, however, a sense of caution is prudent in the flyover states....More
  • Jun 30, 2015
    blog

    Surviving an economic downturn in the agriculture industry

    While difficult, decisions of restraint during the super cycle of profits put producers at an advantage going into this economic downturn. Many of them forward priced with a guaranteed profit instead of waiting for possible higher profits. This looks like a smart strategy from today’s perspective....More

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