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Trade Impacts on Soybeans
Agricultural trade agreements were first established in the General Agreement on Tariffs and Trade (GATT), legal treaty signed initially by 23 nations in 1947. The purpose was to promote international trade by reducing barriers such as tariffs.
Budgeting With an Irregular Income
If you are a business owner, farmer, rancher, earn based on sales commissions, or are seasonally employed, you may not have consistent income from month to month.
What is an Ultra-Filtered Milk Product?
Milk products made using ultrafiltration offer higher contents of valuable components, such as protein and calcium.
Feeding at the Right Price
Managing feedstuffs efficiently becomes more important during drought conditions or low revenue years.
Economic Considerations for Early Weaning
There is an excellent reason why ranchers use early weaning as a drought management tool: Weaning calves early reduces the amount of feed required to maintain the cow.
Cover Crops & Livestock Integration: A Profit Opportunity for S.D. Farms
Cover crops have been gaining a reemerging acceptance over the last decade, with very few producers disagreeing about the potential soil health benefits of adding cover crops to their farming operation.
Improve Soybean Profitability by Reducing Input Costs
While declining prices and increasing costs considerably reduce profit for soybean production, there are certain input costs that might be reduced to increase profitability.
Financial Record Keeping Software: A comparison of Quicken and QuickBooks
As fall nears many producers are beginning to gather their records to prepare for taxes. From these records many important operating decisions are made. Agriculture producers often use computer software to keep financial records. While there are software packages tailored for farm and ranch businesses, many producers successfully use general commercial software such as Quicken® or QuickBooks®. Both products can be useful for an agricultural producer’s record keeping. The question which often arises from producers is, “which one do I need”?
Soybean Production: Cost-effective pest management practices
Chemicals were one of the most expensive individual costs in soybean production, behind only to seed in the non-land cost category. The average cash-rent soybean production farms incurred a crop chemical cost of $39/ac in 2015, an 88% increase from 2010.
Making Use of “Ugly” Feeds
Feed does not have to be perfect to be useful. The key to making smart feeding decisions is knowing what the imperfections are and adjusting accordingly.