Featured Post
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".
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Webinar Replay: The 5% Rule w/ Kristjan Hebert
In this blog post, we provide a replay of webinar we hosted with Kristjan Hebert on "The 5% Rule". In farming, small improvements to yield, price, and expenses can easily lead to 100%+ increases in your farm's profitability.
Read More »Find Your Grain Marketing "Strike Zone"
In this blog post, we talk about how MLB Hall of Fame player Ted Williams' hitting framework can be applied to your grain marketing. While grain marketing definitely has more variables involved than hitting, this is simple mental model that you can apply to your farm this year.
Read More »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 »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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