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 »
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 »
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 »
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 »
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 »
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.Read More »
We recently asked a bunch of farmers for their highest ROI activity/practice/investment over the last few years. In this blog post, we give you 194 answers as well as the location of each farmer.Read More »