Featured Post

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.

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Using Farm Management Software to Manage a 50/50 Crop Share

In this blog post, we show you how you can use Harvest Profit to track the financial impacts of 50/50 crop shares on your farm. From input usage to cost of production tracking, we allow you to easily track these structures for you and your landlords.

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An Ag Lender's Thoughts on Successful Restructuring

In this blog post, we revist an uncomfortable topic: farm foreclosure and bankruptcy. In particular, we get feedback from an farm banker on how to maintain a successful farm-bank relationship during tough times. A collaborative relationship combined with sticking to past plans is the path to achieving a mutually-benefical farm debt restructuring.

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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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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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