Content by Jack Davis
Working capital provides a first line of defense for financial stress and an opportunity to take advantage of bargains that may arise. Learn how to calculate it and determine strategic targets for your operation.
The current soil moisture stress in South Dakota could be more pronounced than we have seen in last few years. If this continues, cropping decisions may need to be adjusted for the upcoming growing season.
While we can't know what the prices of corn and nitrogen fertilizer will be next year, it is very important to understand how the level of both prices will influence corn profitability for 2022.
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.
This is the second article of a two-part series examining cash flow and income for South Dakota grain farms. This article will look at crop insurance, prices for 2020 crops, and changes in input prices.
Grain farming is facing a reduced income outlook for 2020. Unpriced old crop revenue has decreased and projected revenue for 2020 crop is reduced. Offsetting these decreases are chances that some input prices may fall, fuel related expenses and possibly higher payments from commodity title programs.
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.