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
In the 5 ag stories to read this week, see how disease-resistant soybean varieties yielded and check out 2016 at crop insurance premiums vs. 2015. Get some info on the upcoming Commodity Classic, and learn how controlled traffic can benefit your soil. Finally, enjoy a clip of TV show host Steve Harvey talking about growing up on a farm.
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
In the 5 ag stories to read this week, download crop budget spreadsheets and a 2015 tax guide. Learn about nematode research and the impact of late weed control. Finally, enjoy some RC tractors in action.
In the 1950s, CSD advertisers offered a lot to readers. From combines and tractors to an inoculant, vacuum and solvents, check out these products from Phillips Solvents, John Deere, Cargill, Allis-Chalmers and more.
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
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
In the 5 ag stories to read this week, check out a new weed control guide and an outlook on input costs. Read new research on the effectiveness of neonicotinoid seed treatments and tips for cutting costs in 2016. Finally, enjoy the carrot harvest!
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
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
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
In the 5 agriculture stories to read this week, check out a new batch of videos helping ID and manage soybean diseases and get tips for reducing cash flow in the coming year. Read about farm transition concerns and wishes for higher prices in the new year. Finally, the CSD staff wishes you happy holidays.
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
In the 5 ag stories to read this week, read some resolutions to help farm finances in 2016, as well as a price outlook for the coming year. Learn about a change in farm program payments and how data can help make your fertilizer more efficient. Finally, enjoy a list of reasons Santa is similar to farmers.
Agronomic practices, fertilizer application, tillage and low prices (and how to deal with them) were just a few hot topics on our website in 2015. Check out these most-read stories; a lot of it will be helpful to know for 2016.
Average Iowa farmland value is now estimated to be $7,633 per acre—having dropped in value for the second consecutive year. Per-acre value declined $310, or 3.9%, since last year’s survey. Farmland values have now fallen almost 13% from the historically high 2013 values....More
In the 5 ag stories to read this week, get a land value outlook and projections into net incomes for 2015. Read about winter drainage water management and take our latest poll about input cuts. Finally, enjoy a holiday serenade from Farmer Derek.
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
The recent Trans-Pacific Partnership agreement would reduce more than 18,000 current tariffs that inhibit American products from being exported to the other TPP countries. The agreement would also open up U.S. trading possibilities with a wider range of Asian countries on more goods and services....More
In tough economic times there is sometimes a tendency to ignore or deny reality and hope better times magically reappear. Instead, reach out and use the resources around you. Attend meetings and engage with your lender, supplier, and peers. Networking can be extremely useful in developing strategies and actions to navigate tough economic times....More