Apr 19, 2014
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Ask a Margins Expert

RSS By: Chris Barron

Chris BarronHave a margins question? Through this blog, you will gain insight into improving your bottom line, as a margins expert answers questions and provides farm business advice.

 

Crunch the Numbers before Switching from Corn to Beans

May 11, 2013

Before making a final decision on switching any acres/farms from corn to soybean due to delayed planting, consider some of the following factors. Cropping history, soil conditions, calendar date, seed availability, work load capacity, Basis, and price ratio between corn vs. soybeans.

Additionally, take a look at this Corn versus Soybeans Profit Spreadsheet to analyze how yield and price differences affect your gross revenue.

Listen to an audio report about the tool:

 

Many of the scenarios I've been running to this point favor planting corn well into June; however, every operation is unique, so I encourage you to spend a few minutes analyzing your individual situation. There can be more than $100 per acre of benefit one way or the other depending on your specific situation.

 

Have a question about the spreadsheet? Email me at cbarron@cb-farms.com.

 
Hear more audio reports with Chris in AgWeb's Profit Center.


 

Use Your Farm Records to Strengthen Your Operation

Feb 22, 2013

 

Updating and analyzing farm records is definitely not as fun as driving a tractor. But, it is key in your operation’s profitability.
 
Here are some tips for fully maximizing your records. Also, know that if recordkeeping is a weakness of yours, you can easily hire out that portion of your operation.

 

 

Have a question about the spreadsheet? Email me at cbarron@cb-farms.com.
 
Hear more audio reports with Chris in AgWeb's Profit Center.

 

Which of Your Enterprises Are Making Money?

Feb 14, 2013

The majority of farm operations have multiple profit centers. These can be livestock operations, grain production, custom farm work or a trucking enterprise.

As you do farm business planning, it is important to know which of your enterprises are the most profitable. That can help you prioritize your expansion plans.
 

 

Have a question about the spreadsheet? Email me at cbarron@cb-farms.com.
 
Hear more audio reports with Chris in AgWeb's Profit Center.

 


 

Financial Fitness: When to Lose Weight or Build Muscle?

Feb 12, 2013

 

As we spend more time in the office, now is a great time to determine the goals and direction of your operation.
 
How do you define your operation? What is its future?
 
When thinking about your operations future, do you want to grow in size or grow in efficiency? I liken this to managing your weight. If you want to lose weight, you reduce your calorie intake. If you want to build muscle, you start exercising more.
 
It is very hard to grow muscle and lose weight at the same time. The same is true for your operation.

 

 

I further explain this topic:

 

 

Have a question about the spreadsheet? Email me at cbarron@cb-farms.com.
 
Hear more audio reports with Chris in AgWeb's Profit Center.

 


Are You Ready for Black Swans?

Feb 04, 2013

 

Black swans can come in any form, that’s their very nature. A common challenge I see with today’s farming operation is communication. Currently, four generations are involved in agriculture. This can cause some major conflict, but can also be the key to success.
 
I spoke about this topic at the 2013 Top Producer Seminar.
 
Hear my audio report:
 

 

 

Have a question about the spreadsheet? Email me at cbarron@cb-farms.com.
 
Hear more audio reports with Chris in AgWeb's Profit Center.

 

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