Farm Business Management

Salvaging Drought-Stressed Soybeans as Feed

One of the more popular questions we’ve been receiving lately involves using soybeans as forage. Although the soybeans planted for grain are not typically bred for forage use, we can salvage the crop for said forage if need be.

SDSU Extension Survey Shows Uptick in State Cropland Values

August 18, 2021

The 31st annual survey examines agricultural land values and cash rental rates by land use and quality in different regions of South Dakota. 

Drought Assistance Questions Answered

Dry conditions persist across the state, and many new questions are being asked regarding the federal assistance programs available from the U.S. Department of Agriculture Farm Service Agency.

Grass-Fed Beef: Production Costs, Quality, Voluntary Certifications and Marketing

Generally speaking, grass-fed beef producers are challenged with production expenses that are greater than those of conventionally raised beef. However, profit margins can be greater than those of conventionally raised beef if marketed wisely and creatively.

Grass-Fed Beef: Market Share of Grass-Fed Beef

So, how significant is the grass-fed beef industry in America? About four percent of U.S. beef retail and food service sales is comprised by grass-fed beef with a value of roughly $4 billion.

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.

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.

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.

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.

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.