News
Today’s agriculture headlines and expert perspectives serving farmers, ranchers, crop consultants, livestock nutritionists and the entire U.S. ag community.
There may never be a more important time to focus on the relationships with your employees.
“Nearly every working manager is more competent and comfortable doing tasks,” says Bob Milligan with Dairy Strategies. “That makes it easy to avoid the people side. It is rational but not effective.”
In theory, adding a value-added enterprise sounds like the perfect reaction to fluctuating commodity prices.
Inflation is exceptionally difficult to tame, says Chip Flory, Farm Journal Economist and “AgriTalk” Host: “To tame it, you have to kill it. If you kill it, you kill the economy, and it sends you into recession.”
The Federal Open Market Committee’s (FOMC) inflation target is 2%. Yet in February the rate, which is the measure of general price trends throughout the economy, was 6.4%.
To ensure a smooth planting season your team needs to be firing on all cylinders. They also need to be rested and excited for the task at hand.
Need a good conversation to fill some tractor or road time this spring? Listen to “The Farm CPA Podcast” with Paul Neiffer.
The power of encouragement on your farm is massive, says Bob Milligan, senior consultant at Dairy Strategies.
You are likely making plans for seasonal help. If that team includes children or grandchildren, you might want to consider setting up a custodial Roth Individual Retirement Accounts (IRAs) for them.
Collect and analyze the best financial data to aid decisions on your farm operation.
Think about how your farm has grown in size and scope over the past decade. Has your financial reporting followed suit?
A focus on people turns uncertainty into a business revolution.
To improve productivity in your operation and reduce stress in your family business, set these helpful ground rules.
See how rising costs impact you and your family.
As the leader of a business, you have two choices. As trends and economics change, you can adapt and capitalize on the opportunities, or you can stay the course and watch your business decline.
While the moon might not look like a fertile field, it is capable of producing plant life. That’s per a recent study by University of Florida scientists who have grown plants in soil collected from the moon.
Almost all types of fertilizer are trending lower in price. So is now the time to buy?
For the first time since September 2020, the rural economy is showing signs of weakness.
If your summer farm help involves your child or grandchild, you can combine that hard work with a financial life lesson.
As with any relationship, you must invest time and effort to build a rapport with your landlord. Follow these four suggestions.
“If you do not run your day, your day will run you,” says Mary Kelly, CEO of Productive Leaders. “Having control of your time allows you to plan for the success you want.”
With heat forecast to top 100 degrees in places, combined with the expectation for little to no rain, crop conditions could deteriorate and the biggest risk in the western and central Corn Belt.
According to a new report by USDA, ag imports from Latin America and the Caribbean have increased over the past 12 years, with a compound annual growth rate of 6.9%.
Last year, farmers who bought nitrogen fertilizer early received lower prices. Will the same pattern play out this year?
Fertilizer prices have softened from the record highs seen earlier this year. Are you ready to buy? Take our poll!
How can you reward team members for good work, increase employee retention and achieve your operation’s goals? Consider implementing an incentive pay system to reward your farm employees.
The Top Producer of the Year Award recognizes producers who demonstrate excellence in the business of farming, including marketing, farm finance, family and employee relations, technology and environmental stewardship.
Be ready for a big profit swing for 2023 — to the downside. The 2023 Illinois Crop Budgets released by the University of Illinois show a clear trend of higher costs and lower returns.
The U.S. corn crop is consistently declining in condition. Currently 57% of the crop has a good or excellent rating, which ties with 2019 for the week’s worst corn condition rating since 2012.