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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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3 Lessons on Farm Decision-Making From a Poker Champion
In this blog post, we share with you a video on probability-based decision making from professional poker play Liv Boeree. Her thoughts are highly applicable to farm management decision making, given the uncertainty involved with farming.
Read More »You Need a Farm Equipment Replacement Gameplan
In this blog post, we discuss how farms can improve their long-term net worth with strategic capital expenditure planning. Farming is a big business. Farmers need to apply "big business thinking" into their operations.
Read More »Video: Prevented Planting Scenario Analysis
In this blog post, we present a video where we show you some detailed farm scenario analysis. Specifically, we use Harvest Profit's farm management software platform to do a prevented planting crop insurance analysis. Every farm is unique and there is no "one-size-fits-all" scenarios for most operations. Put tools and systems in place that work for your farm!
Read More »An Ag Lender's Thoughts on Successful Restructuring
In this blog post, we revist an uncomfortable topic: farm foreclosure and bankruptcy. In particular, we get feedback from an farm banker on how to maintain a successful farm-bank relationship during tough times. A collaborative relationship combined with sticking to past plans is the path to achieving a mutually-benefical farm debt restructuring.
Read More »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.
Read More »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.
Read More »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.
Read More »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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