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Grain Marketing Through the Noise
In this blog post, we share some feedback from our customers. With a focus on how they are using software to cut through the grain marketing noise to make decisions that work for their farm and bottom line.
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Are you a top 20% farm manager?
In this blog post, we discuss an article by Dr. David Kohl where he outlines the need for farms to have intellectual capital not just financial capital. We also look into what you need to do to put your farm in the top 20% of operations when it comes to intellectual capital/farm management factor.
Read More »Six Steps to Better Farm Bookkeeping
In this guest blog post, Kris Hauswirth discusses some tips to help you manage you farm's bookkeeping and accounting. Farm accounting shouldn't simply be a task, it should be a farm management decision tool. But it tends to get put on the back burner. Check out these tips to get the most out of your farm accounting.
Read More »Connecting Working Capital and Grain Marketing
In this blog post, guest author Cullen Wilson discusses the importance of working capital the need to track it regularly on your farm. Tracking working capital enables a different metric to judge your grain marketing and can be an effective "trigger".
Read More »12-Step Framework for Evaluating New Farms
In this blog post, we discuss a decision framework to use when analyzing farm rent opportunities. From filtering out biases that can trip you up to using farm management software to help with your analysis, we touch base on all aspects of analyzing new farms for rent.
Read More »A Simple Formula for Higher Farm Profits: The 5% Rule
Small changes can lead to large increases in farm profitability. Farms should focus on making incremental improvements to yield and price while reducing overhead expenses. This ROI-focused approach is a key step in building a successful business, farm businesses included.
Read More »The Power of Not Making Stupid [Farm] Decisions
In this blog post, we discuss a famous quote from Charlie Munger and it's application to farming. The key takeaway here is that if you're an amateur, you should avoid making costly mistakes vs. trying to make brilliant decisions.
Read More »Farm Management Decisions: The Curse of a Small Sample Size
In this blog post, we discuss the results of a recent on-farm test we came across. In addition, we talk about how farmers need to objectively evaluate the factors impacting an on-farm test before giving it a "pass/fail" grade.
Read More »My Favorite Farm Spreadsheet
In this blog post, we highlight a powerful farm analysis spreadsheet that we built. It allows you to perform Monte Carlo simulations on grain market prices. It's included in our Business of Farming course which we open once per year.
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