Skip to main content

Farm Business Management

All Farm Business Management Content

A rancher and RMA agent reviewing insurance paperwork beside a off-road vehicle.

Livestock Risk Protection for Cattle

Price rallies, general price volatility and concern that prices may move lower could lead producers to insure livestock prices. Livestock Risk Protection is an insurance program that covers the single-peril or risk of lower prices on fed cattle and feeder cattle.

Color-coded map of South Dakota and other Midwestern states. Colors indicate a higher risk of unplanted areas in Eastern and Northeastern South Dakota.

Stretching Corn Silage Supplies

During the 2002 drought there was a need to stretch corn silage supplies as a result of the drought that affected the U.S. Now we deal with the opposite scenario, where excessive spring rains have not allowed farmers to get to the fields. In both situations livestock producers face challenges.

red cattle feeding at a small bunk

Limited Forage: What Are Some Alternatives?

Research has shown that a variety of feedstuffs can be utilized to meet the cows’ nutrient requirements with similar performance to hay or hay plus supplement ration.

Several variety trial plots for different crops.

Interpreting Research Results: The Simple Way

Although research results and statistical terminology can seem overwhelming, understanding the basic concepts can be valuable for decision making. When making management decisions, don’t hesitate to ask for research results and statistics to back up marketing claims.

A father, mother and daughter walking in a field in the countryside.

SDSU Extension to Host Another Round of Workshops for Next Generation Land Seekers

December 22, 2020

According to the USDA 2017 Census of Agriculture, one in four producers is a beginning farmer with 10 or fewer years of experience.

Two large grain bins next to a recently harvested field of soybeans.

Managing Production Costs To Boost Soybean Profitability

Soybeans are one of the major crops in South Dakota in terms of both acres planted and sales values. To determine the potential to increase net profit from soybean production, individual producers are encouraged to compare their own yields and input costs with benchmark levels.

SDSU Extension to Host Sustaining the Legacy Virtual Conference

November 13, 2020

SDSU Extension will host a Sustaining the Legacy virtual conference on December 2, 9 and 16 from 6:30 p.m. to 9:30 p.m. CST each evening.

stack of coins with faded chart lines showing in the foreground

Financial Measures for South Dakota Farms

Farm and ranch businesses have a sizeable investment in equipment, buildings, land, and livestock. These investments require their owners and managers to remain knowledgeable about the financial condition of their business. The information to calculate measures of financial performance can be found in their farm record books or accounting system.

A group of ranchers meeting out in the range.

Strategic and Scenario Planning in Ranching: Managing Risk in Dynamic Times

A changing marketplace, price volatility, labor availability, record high feeder calf prices, the effects of the ethanol industry: How will your ranch operation adapt?

South Dakota soybean late plant date map. View pdf map: https://legacy.rma.usda.gov/fields/mt_rso/2018/final/sdsoybeans.pdf  View text in Excel: https://legacy.rma.usda.gov/fields/mt_rso/2018/final/sdsoybeanstext.xlsx

Multi-Peril Crop Insurance: Delayed and Prevent Plant Choices

Crop insurance late plant dates are fast approaching for planting crops in South Dakota. The weather and soil conditions this spring will likely lead to some prevent plant situations for farm producers.