More in Issues

  • Apr 29, 2014
    blog

    Ag lender’s role in agriculture business succession: Part 1 2

    Approximately 85% of agricultural businesses have no estate or transition plan in place. One of the most helpful resources a producer can draw upon in this challenging task is their agricultural lender....More
  • Apr 22, 2014
    blog

    Thoughts on farm transition management 1

    At a recent seminar, panelists concluded that there is no cookie-cutter template for farm transition, and that each plan must be customized to meet the needs of the generations, partners and stakeholders involved. Family business meetings need to be held off-site with agendas and minutes, creating a paper trail as a means of communication for all parties....More
  • Apr 15, 2014
    blog

    Farm custom rates increasing in 2014

    As has been the trend in recent years, average 2014 custom rates for farm work are likely to show a small increase, compared to 2013 custom rates. Most custom rates for farm work in 2014 are listed at 4-7% above the rates for similar operations in 2013, with an average increase of about 5%....More
  • Apr 15, 2014
    blog

    Ag lender perspectives: transition, interest rates, land values 1

    Interest rates, land values and cash flow are top of mind topics in the agricultural world. Expect ag lenders to financially shock test your cash flow statement for a 1%, 2% and 3% rise in variable interest rates. Lenders will be much more conservative now when lending against land values particularly in the red-hot land markets of the Midwest and the upper Midwest. Expect to invest more equity and cash in your growth and expansion projects....More
  • Apr 8, 2014
    blog

    Is weather affecting economic indicators? 1

    One major questions people have asked David Kohl this winter is whether the “blah” economic indicators, domestically and globally, are the result of bad weather. Here he examine some of the lead and lag economic indicators to ascertain any apparent trends....More
  • Apr 1, 2014
    blog

    Dos and Don’ts for Younger Agricultural Producers 1

    To the younger generation desiring to farm or be involved in agribusiness, a business plan is critical. Also, have your risk management plan, i.e. marketing options, hedging, contracts and/or crop insurance, linked to basic assumptions and scenario testing of cash flow outcomes. Do not assume the operation will be yours at the passing of the senior generation....More
  • Mar 25, 2014
    blog

    Agriculture facts for National Ag Week 2014 21

    National Ag Week is being celebrated March 23-30 all across the United States, as well as in Minnesota, with Tuesday, March 25, being designated National Ag Day. As we celebrate National Ag Week, it is a good time to reflect on all the traditions and advancements that help make the U.S. agriculture industry second to none! Following are some interesting statistics about today’s agriculture industry....More
  • Mar 25, 2014
    blog

    Dos and Don’ts for Older Agricultural Producers

    A challenging question David Kohl received at a recent conference was: “What is one do and one don’t you would recommend to younger and older producers?” His answer to the older generation revolved around farm transition....More
  • Mar 18, 2014
    blog

    PEDV impact on the swine industry 2

    Porcine epidemic diarrhea virus (PEDV) is a newer swine disease that first entered the United States in May 2013, and is now causing major economic loss to some hog producers, as well as impacting several other aspects of the swine industry....More
  • Mar 18, 2014
    blog

    Farm management, finances make difference in profit

    After analyzing a data summary of farmers in low, middle and high income brackets, David Kohl shares some core perspectives on asset turnover, coverage ratio and debt servicing ability and profit margins in agriculture....More
  • Mar 11, 2014
    blog

    3 Benchmarks farmers and lenders need to know 1

    There are three benchmarks every producer and lender needs to know when handling the moderating grain industry and the positive economics of the livestock sector: the current ratio, net working capital and working capital to gross revenue ratio....More
  • Mar 11, 2014
    blog

    New farm bill offers new farm program choices 1

    Crop producers will be offered several one-time choices for their farm program participation, which will be in place through the 2018 crop year. Following are some of the choices that producers will need to consider at farm program sign-up time later this year when deciding on the Agricultural Risk Coverage program or the Price Loss Coverage program....More
  • Mar 4, 2014
    blog

    Crop insurance decision time 2

    March 15 is the deadline to purchase crop insurance for the 2014 crop year for corn, soybeans and spring wheat in Minnesota and other Upper Midwest states. As of March 1, the USDA Risk Management Agency (RMA) has finalized the 2014 crop prices in the Upper Midwest for Yield Protection (YP) policies, as well as the base prices for Revenue Protection (RP and RPE) policies....More
  • Feb 25, 2014
    blog

    Ag trends: Debt concentration, cycles and new farmers, bankers 2

    David Kohl's Road Warrior travels took him to the National Agricultural Bankers Conference, where he moderated sessions, and also took some in. He noted some themes at the conference, including debt concentration among farmers, new bankers and farmers as well as cycles in agriculture....More

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