Agriculture News

How does your farm vision lead to success?

Published on 07.11.2019 by Trudy Kelly Forsythe

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Farm business planning experts and farmers themselves agree: a business vision is a critical element to success.

Michelle Painchaud, president and CEO of the consulting firm, Painchaud Performance Group, is a firm believer in vision.

“It is motivating, inspiring and aligns everyone to one common goal or destination,” Painchaud says, explaining a farm vision is the desired destination where a farm wants to be. “It is like a travel destination when one is planning a special trip.”

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Reduce risk with loan insurance

Published on 07.11.2019 by Richard Kamchen

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Loan insurance is an important risk management tool that can allow farms to carry on after a tragic event.

A disability or untimely death to key farm personnel can adversely affect that operation’s ability to generate the cash flow needed to meet its debt obligations, but loan insurance can mitigate that risk, says Terry Betker president and CEO of Backswath Management.

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Making the move from farm manager to CEO

Published on 07.04.2019 by Owen Roberts

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The business card says, “farm CEO,” which means the farmer oversees everything. But when it comes down to job duties, CEO is defined in two ways: vision and leadership.

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Watch machinery costs for top profitability

Published on 07.04.2019 by Matt McIntosh

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Can you count on decent profits in a good year? If not, farm finance experts say you might want to re-evaluate your expenses.

As one of the most significant expenses, they add, machinery often requires scrutiny.

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Why spring fence-checking is important

Published on 04.04.2019 by Craig Lester

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Before moving cattle or livestock into any pasture this spring, farmers should ensure fences are in tip-top shape.

That's the advice from two farmers who say it's imperative to check all the fencelines from beginning to end and do maintenance where needed to avoid problems while livestock are grazing in that pasture.

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How to help microbes improve your soil

Published on 04.04.2019 by Richard Kamchen

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There’s an entire ecosystem in your soil that’s as complex as the Serengeti.

Among the teeming life underground are microbes, which aid in nutrient and carbon cycling, improving soil structure and suppressing plant disease.

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Investigate machinery costs for transition plans

Published on 03.28.2019 by Matt McIntosh

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Developing the business is a goal for many farm families working through transition. Truly accounting for machinery costs, however, isn’t always considered.

But given the high price of farm equipment, ensuring purchases still support farm profitability is more important than ever.

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Verify soil enhancement claims, say experts

Published on 03.28.2019 by Richard Kamchen

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Get a second opinion about products that promise soil enhancement benefits or risk being sold a bill of goods, experts warn.

“You can walk around an ag show... and hear pitches on dubious claims in every aisle,” says Thom Weir, an agronomist with Farmers Edge.

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Weed experts watching spring melt conditions

Published on 03.14.2019 by Owen Roberts

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Mother Nature is throwing another curve ball this spring at weed forecasts, thanks to appreciable snowfall in some parts of the country’s farming areas that may spark flooding.

If that happens, weed seed distribution can be extended significantly by floodwaters.

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Beware of these early grazing pitfall

Published on 03.14.2019 by Richard Kamchen

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Cattle producers low on feed may be more tempted to put their cattle out on pasture as soon as the snow melts, but experts warn that comes with repercussions to both plant and animal health.

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