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Webinar Replay: Grain Marketing is a Not One-Size-Fits-All Activity
In this blog post, we present a webinar that we put on recently that discusses how grain marketing is not a one-size-fits-all activity. We also discuss the role that different strategies, advisors, and farm management software can play in your overall grain marketing plan.
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 »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.
Read More »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.
Read More »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.
Read More »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!
Read More »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.
Read More »Can farmers outperform their neighbors?
In this blog post, we discuss how farm management decisions can lead to farms outperforming their neighboring peers. The University of Illinois has released a study showing certain farms out perform their peers over the long run. We also offer you specific thoughts and ideas you can put in place to enhance your farm management.
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