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Cash Flow is Critical
Strong business management skills and systems do not go out of style in times of uncertainty. These skills will help the business work through downturns in commodity prices. Cash flow budget accuracy is critical in developing and controlling the business.
Considerations for Cull Cows
The last year was difficult to say the least, from a wet, muddy spring and late planting to an early, wet fall and difficult harvest. Unfortunately, for cow calf producers, the repercussions were seen during pregnancy detection this year, as the number of slaughter cows within the state were abundant due to open cows.
Valuing High-Moisture Corn and Earlage
A key advantage to using commodities that meet standard specifications and are frequently traded is that it is very easy to establish an economic value that is accepted by most users. The marketplace sets the value of corn, and other feedstuffs on a daily basis, provided those products meet some set of standard specifications.
Corn Grain Moisture Discount: Why and How Much?
Corn marketed at the standard moisture content of 15.5% and 56 pounds per bushel typically contains 47.3 pounds of dry matter and 8.7 pounds of water. At harvest, a producer has to decide whether to sell (or even store) his corn at ‘as is’ moisture content or mechanically dry it before taking it to the buyer.
Employee Turnover: It Is Important in Agriculture Also
Lots of conversations in agriculture lately focuses around labor or the lack of a labor pool of employees. This is the case not only for dairy farms, but also within the entire agriculture industry.
Choosing the Right Custom Feeding Partner
Custom cattle feeding can be a “win-win” strategy when done correctly. Feeding someone else’s cattle provides a method to market feedstuffs without tying up the capital required to own the livestock.
Utilizing Cover Crops for Grazing: An Assessment on Economic Benefits
Grazing cover crops by cattle provides an option to offset cover crop seed costs and increase farm revenue. To facilitate farmers’ decision making, this article will evaluate the economic profitability from grazing cattle on cover crops using a partial budgeting approach.
Information on How to Deal With COVID-19 for Dairy Workers
We would like to share some advice on measures to follow due to the problems that are affecting the world population today, including all of us.
Preparing for FARM Animal Care Evaluations
The FARM Animal Care Version 4.0 rolled out January 2020. This article is a condensed tool to aid you in preparing for your next evaluation.
What Kind of Records Are You Keeping?
Measurement of the actions and efforts of everyday life on the farm or ranch leads to better management and efficiency. Many farmers and ranchers keep many records. Utilization of the records for improved management would be the next step to take to improve efficiency.