Featured Post

New Integration! Turn your Crop Budget into an In-Season Work Plan

You can now export your budgeted field activities from Harvest Profit into Operations Center’s Work Planner feature.

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Q&A with a Farm Restructuring Expert

In this blog post, we discuss an uncomfortable topic: farm foreclosure and bankruptcy. We'd be pulling wool over our eyes if we didn't face the fact that there are going to be plenty of tough conversations between farmers and bankers in the coming months and years. This blog post provides actionable advice surrounding farm foreclosure, farm restructuring, and farm bankruptcy.

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The Traits of the Top 20% of Farmers vs the Bottom 20%

In this blog post, we discuss a recent presentation that Dr. David Kohl gave on traits that he believes separate the top 20% vs. bottom 20% of farmers. We also add a few traits to his list.

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Cost of On-Farm vs. Commercial Grain Drying

This blog post calculates the cost of on-farm vs. commercial grain drying. Hint: on-farm grain drying typically offers a great ROI.

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Don't Rely on Crop Insurance as Price Protection

In this blog post we revisit the actual price protection provided by multi-peril crop insurance. In most instances, don't rely on crop insurance as a marketing tool.

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You Need a Statistical Framework for Farm Management Decisions

Farming is a business with a ton of uncertainty. Producers can't let this uncertainty hamper their decision making. One way to add structure to the decision making process is to use the statistical concept of expected value when evaluating farm management decisions.

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Webinar Replay: Basis Contracts - The Good, The Bad, and The Ugly

We recently hosted a webinar to discuss basis contracts as a part of a farm's grain marketing plan. They are a valuable tool but can lead to unfortunate outcomes if not managed correctly. Watch our replay, to see what conditions to watch out for when evaluating basis contracts.

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Podcast Interview: Being a Small Fish in a Big (AgTech) Pond

Harvest Profit's founder, Nick Horob, was interviewed on the Future of Agriculture podcast recently. On it, Nick and the host discuss the current state of AgTech, what it's like to self-fund a farm software business, and what does Randy Dowdy know about growing corn in Minnesota!

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Be Cautious With Exotic Grain Marketing Contracts

In this blog post, we discuss the dangers of exotic grain marketing contracts. They often sound great on the day they are presented to producers but they come with a lot uncertainty. This uncertainty can lead to producers passing up profitable grain marketing opportunities. Remember, there's no free lunch in grain marketing.

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