Featured Post

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.

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Marketing Your Grain in the Top Third is a Poor Goal

In this blog post, we discuss our opinion that marketing your grain in the top third of the market is a poor goal. You're likely thinking, "that doesn't make any sense!". We think you should select goals that allow you to make proactive, not reactive, grain marketing decisions.

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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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It's True, The Market Doesn't Care About Your Farm's Breakeven

In this blog post, I discuss how "the market" doesn't care about your farm's breakeven. I dig into why you should ignore that statement when making management decisions on your farm.

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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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