Featured Post
Connecting Working Capital and Grain Marketing
In this blog post, guest author Cullen Wilson discusses the importance of working capital the need to track it regularly on your farm. Tracking working capital enables a different metric to judge your grain marketing and can be an effective "trigger".
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Connecting Working Capital and Grain Marketing
In this blog post, guest author Cullen Wilson discusses the importance of working capital the need to track it regularly on your farm. Tracking working capital enables a different metric to judge your grain marketing and can be an effective "trigger".
Read More »No Regret Crop Marketing: 3 Mindsets to Reduce the Emotion of Regret
In this blog post, guest author Cullen Wilson discusses how to fight the always present emotion of regret when making grain marketing decisions. He focuses on how you can apply the work of Nobel Prize winner Daniel Kahneman to help you overcome the impact of regret.
Read More »Six Steps to Better Farm Bookkeeping
In this guest blog post, Kris Hauswirth discusses some tips to help you manage you farm's bookkeeping and accounting. Farm accounting shouldn't simply be a task, it should be a farm management decision tool. But it tends to get put on the back burner. Check out these tips to get the most out of your farm accounting.
Read More »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.
Read More »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.
Read More »Don't Let Sunk Costs Sink Your Farm
In this blog post, we discuss a key farm management concept: sunk costs. When making management decisions, you need to focus on your forward looking return on investment. Always remember that you can't change the past, you need to look forward to maximize your farm's profitability.
Read More »Liquidity is King in Farming
Working capital (and liquidity in general) are very important in a commodity business such as farming. Farmers need to constantly evaluate their balance sheets to prepare for the inevitable cyclical downturns. Liquidity is king!
Read More »Tough Cash Rent Negotiations and Decisions
This blog post walks through a cash rent negotiation framework and analyzes a tough hypothetical cash rent decision.
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