Featured Post

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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Updated: 25+ Sources of Crop Cost of Production Data

Tracking, measuring, and optimizing your crop's cost of production is key for any farm business. In this post, we list many different sources of crop cost of production estimates for individual states and provinces.

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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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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.

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Farm Management Software Updates - April 2019

In this blog post, we highlight four recent enhancements we've made to Harvest Profit's farm management software. We've greatly minimized the effort required to set up your crop plan. We've also added flexibility to how you build your field-by-field profit reports.

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12-Step Framework for Evaluating New Farms

In this blog post, we discuss a decision framework to use when analyzing farm rent opportunities. From filtering out biases that can trip you up to using farm management software to help with your analysis, we touch base on all aspects of analyzing new farms for rent.

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Updated: What's your farm's highest ROI? Answers from 212 farmers

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.

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Webinar Replay: The 5% Rule w/ Kristjan Hebert

In this blog post, we provide a replay of webinar we hosted with Kristjan Hebert on "The 5% Rule". In farming, small improvements to yield, price, and expenses can easily lead to 100%+ increases in your farm's profitability.

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Farm Management Decisions: The Curse of a Small Sample Size

In this blog post, we discuss the results of a recent on-farm test we came across. In addition, we talk about how farmers need to objectively evaluate the factors impacting an on-farm test before giving it a "pass/fail" grade.

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