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PRACTICAL WISDOM

Create a network of key advisors and partners

Experienced farmers know the value of good advisors and partners can be measured in a producer’s bottom line. Doug Soukup, an Iowa farmer, looked for a crop advisor with the depth of ...


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PRACTICAL WISDOM

How to better market what you produce

“Beginning farmers need to understand their breakevens and market their commodities for a sure profit, not necessarily for the highest price,” advises an experienced farmer from Wyoming ...


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PRACTICAL WISDOM

Adding Value to Your Operation and Your Skills

Many young farmers and ranchers have more time and energy than money when starting their operations. Experienced farmers offer suggestions on how to turn those attributes into long-term assets.


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PRACTICAL WISDOM

Pencil out Equipment Costs

When asked about the biggest obstacle he faced as a new farmer, one Michigan producer said it was farm equipment, specifically the fact he didn’t have any.


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PRACTICAL WISDOM

Forward Thinking, 'No Surprises' Are Keys to Lender Relationships

Maintaining good communication with lenders has become increasingly important as operating margins have tightened.


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PRACTICAL WISDOM

Stand Strong on Financials

One of the biggest challenges Millhorn had to overcome when he began farming was pulling together his farm’s financials: “I had to come to terms with sitting at the desk and perfecting financial management instead of turning wrenches on equipment.”