Featured Post

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.

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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.

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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".

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Article: Flex Rents Need to Benefit Both Parties

In this blog post, I point you to an article that summarizes some thoughts I have on flex rents. They are great contracts but they need to be mutually beneficial and negotiated with that in mind.

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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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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.

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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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New Software Feature: Custom Crop Shares

In this blog post, we show you a new feature we added to Harvest Profit's farm management software: custom crop share structures. This feature allows you to create custom structures and view the impact on your field-by-field profitability.

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