Business
Consumer preferences can totter between fads and trends. For farmers to capitalize on consumer demands, they must be able to sort out which market opportunities to pursue, says Rob Dongoski with Ernst & Young.
Farm Journal’s 26th annual Top Producer Summit, agriculture’s premier educational and networking event, is set for Jan. 23-25, 2023, at the Grand Hyatt in Nashville.
The first step to winning the war for workers is to keep your star employees happy. Here’s how three farmers retain and attract employees.
Idaho operation builds niche business to complement core crops.
How do you approach transition planning when two of your children are on the farm and one is not? You must be intentional and communicate.
If you weren’t able to attend Top Producer Summit in Nashville, you can still watch the awards banquet.
Instead of writing down these big audacious goals, Jon Acuff, an entrepreneur, speaker and best-selling author, has better advice: Set micro goals.
During the Top Producer Summit, which was held Jan. 23-25 in Nashville, Top Producer honored five farm operations.
From 2020 to 2021, Susan Weaver Ford gained 8,900 neighbors, as the population of her county jumped 4%. “I used to farm fields that now have 40 houses,” she says. “The city is meeting us pretty quick.”
Since their inception in 2014, you’ve been choosing between Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC). You have until March 15 to make your choice this year.
The rural economy seems to be set on cruise in neutral gear. That’s according to the Rural Mainstreet Index (RMI) from Creighton University.
The sources of stress and uncertainty for the season ahead are plentiful. When uncertainty is plentiful, so is decision paralysis. To play offense and face the biggest risks to your farm, use this decision framework.
In 2022, the average interest rates on farm loans skyrocketed from record lows to decade highs. While that jump is remarkable and expected to continue, a little perspective is needed.
“Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate,” says American investor Warren Buffett.
As a young Nebraska farmer, Maggie Holub is in a league of her own. She has a complete, but flexible, succession plan — in writing.
Could agriculture face a Southwest-type meltdown?
Here’s what farmers should consider with this sometimes complex question.
Economic growth is stalling in rural America. That’s according to the Rural Mainstreet Index (RMI) from Creighton University.
Farmers can harvest incredible value by stress testing their business margins, says Chris Barron, a national financial consultant for Ag View Solutions and Iowa farmer.
While the fall of Silicon Valley Bank and Signature Bank is unique, the situation does provide lessons for farmer’s financial management and risk management.
This year marks the second-largest increase in the market value of agricultural land in Nebraska since 2014 and the highest non-inflation-adjusted statewide land value in the 45-year history of the survey.
Rate increases can put a squeeze on farm profitability. Have you factored in how these cost-of-money increases affect your storage costs?
Agricultural lending by U.S. farm banks increased 8.1% in 2022 to $103.1 billion, according to the American Bankers Association’s annual Farm Bank Performance Report.
In farming and in life, success can be defined in endless ways. Five farmers share their perspective.
Create a process to brainstorm, prioritize and implement ideas for your operation.
Follow this strategy to reduce turnover and increase morale on your farm team.
Rich Redmond has created a no-nonsense system to supercharge your personal and professional life, whether you are a farmer or the drummer for Jason Aldean.
We all know one of the most dangerous phrases in business is: We’ve always done it this way.
With a focus on networking and business education, the 2023 Top Producer Summit welcomed farmers and ranchers to Nashville, Tenn., on Jan. 23-25.
As you look at transitioning leadership and ownership of your farm to the next generation, be ready to tackle entitlement issues.