Modern agriculture requires savvy financial planning and strategy.
Farm Business Management
All Farm Business Management Content
October 15, 2021
The I-29 Moo University webinar series continues with a presentation by Megan Roberts, Minnesota Extension Ag Business Management Specialist, on Wednesday, November 4.
Continuing to keep employees and family members healthy through the COVID-19 pandemic will require extra effort as you enter the busy time of fall harvest.
Given the recent havoc endured by producers in the upper mid-west by the spring blizzard or even prior flooding we are aware that many producers have incurred losses. There are several programs available through the Farm Service Agency (FSA) and the Natural Resources Conservation Service to help provide assistance.
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.
No one wants to have a meeting for the sake of having one. So, when you decide to have a meeting with your employees, keep a few of the following suggestions in mind.
In examining the USDA Coronavirus Food Assistance Program 1.0 website, we are able to directly see the impact of the program and the payments made to producers across the country.
One of the most difficult things farm managers have to master is coaching employees. Using appropriate coaching methods with employees will help you as a manager to achieve the desired employee performance you are looking for in your operation.
South Dakota producers can use the SDSU Extension Net Income Tool to monitor their expected net income per acre given their location, commodity of interest, and changes to market prices. The tool gathers the most-recent end-of-day market prices to determine the latest expected net income for wheat, corn, and soybeans in the different regions of the state.
Planting decisions for this spring are complicated given the recent spread of COVID-19. A very busy planting season is approaching quickly. Input suppliers and farmers will be met with a requirement to complete tasks timely to evade economic losses from delays.