Experts Share How Farmers Can Prepare For 2018

January 15, 2018 05:35 AM
 
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Q:  What’s one New Year’s resolution you recommend producers apply to their operations in 2018?

Chip Flory, Host, “AgriTalk” and "AgriTalk After The Bell"

A: “Replace distractions with productive action. Distractions (negative-thinkers and other noises) are blinders that keep you from seeing opportunities that will move your business forward. It’s impossible to remove all distractions from life, but everybody has a list of things that eat up time and effort in a non-productive way. Instead of allowing distractions to use that time and effort, use that time for productive action. You’ll also find yourself drawn to others that are searching for opportunities.”


Ashley Arrington, Consultant, Agri-Authority

A: “Take an in-depth look at an aspect of your operation you haven’t zeroed in on in the past.  Everyone is looking at input costs with laser focus, but this year, share the love. Run a new analysis on your marketing plan, debt or pursue other options for services. Your input costs are a great place to save money, but they are not the only place. Find the other places and laser in!”


Polly Dobbs, Attorney, Dobbs Legal Group

A: “Have a succession plan in place that fits today’s circumstances if you died tomorrow. Too often, operators get side tracked by the what-ifs: What if my son comes back to the farm after college? What if my grandson, who loves playing with farm implement toys in the sand box, comes into this operation in 20 years? Those sorts of long-term plans are important mental exercises, but the succession plan in place today needs to be the right fit if you die tomorrow. Then, you adjust the plan as the years go by.”


Learn More From These Experts At Top Producer Seminar!

When: Jan. 23–26

Where: Hilton Chicago Hotel Downtown, 720 S. Michigan Ave.

What: Welcome reception on Tuesday, Jan. 24 with Trust In Food Symposium attendees; business education and Top Producer of the Year banquet on Wednesday, Jan. 25; “U.S. Farm Report” taping and business education with lunch keynote on Thursday, Jan. 26; and sponsor breakfast followed by two mainstage presentations on the global ag economy and event wrap-up at 10:30 a.m. on Friday, Jan. 27

More Info: To register for the seminar or for additional information, visit TopProducerSeminar.com.


Thanks to our 2018 Top Producer Seminar Sponsors!

Premier Sponsors: Agrium (ESN), BASF, Bayer, Beck’s Hybrids, Case IH, Channel, Dow AgroSciences, John Deere, KCOE ISOM, DuPont Pioneer, Top Con, Top Third Ag Marketing, Valent

Co-Sponsors: CliftonLarsonAllen, CropZilla, Farmers Business Network, Farmers Edge, Rabo AgriFinance

Supporting Sponsors: Advance Trading, AgYield, BMO Harris, Farm Credit, Roach Ag, Richiger, Transition Point Business Advisors

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