Content by Heather Gessner

A man reviewing an information packet on creating a last will and testament.

End of Life Documents You Should Have in Place

COVID-19 infection and mortality rates fill the news programs. Across South Dakota and the nation, people are have made changes to their lifestyle and the way they accomplish many everyday activities. In response to this illness and the potential for long-term hospitalization and even death, individuals over 18 should also ensure their end of life documents are up-to-date.

A farm yard near a sprawling field of recently planted crops.

Planting Projections 2020

South Dakota producers recently indicated they plan to plant 12.9 million acres of corn, soybeans and wheat in 2020, plus an additional 620,000 acres of sunflowers, 345,000 acres of oats and 45,000 acres of barley, as well as 270,000 acres of sorghum and 11,000 acres of dry edible peas.

A male producer analyzing records on an office computer.

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.

South Dakota agricultural landscape painted with Spring colors and a setting Sun.

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.

a new small plant growing out of the soil

SDSU Extension to Address Economic and Marketing Issues in Crop and Livestock Production During Ag Economic Dialogue Series

August 06, 2020

SDSU Extension will host monthly Ag Economic Dialogues throughout 2020 to assist farmers and ranchers in making the best and most profitable decisions for their operations.

A small herd of cattle grazing in snow-covered, spring pasture.

Bunch the Cow Herd

Reproduction is one of the biggest drivers of economic success. Cows stressed by cold, wind, snow, and mud will put energy resources into body condition maintenance and lactation prior to recycling.

various white charts and bar graphs on a blue background

Grain Storage Calculator

An Excel based spreadsheet for corn, soybean, spring and winter wheat producers.

A field of standing corn covered in snow.

Standing Corn Considerations

The January 2020 South Dakota Crop Progress Report indicated four percent of S.D. corn acres remain in the field. Given the record rainfall of 2019, current snow pack levels and the 3-to-6-month precipitation forecasts, farmers will likely be dealing with a wet spring in 2020, thus making the removal of those acres important but hard to accomplish.

A green cut alfalfa field dries as the sun sets.

Forage Resources Available to S.D. Farmers and Ranchers

Forages are a very important part of the South Dakota livestock and cropping industries. Often, producers have difficulties finding enough forage for their herd or locating a fellow producer to buy, sell or rent forages and grazing acres too. South Dakota now has two widely-recognized, free resources to aid in these connections.

A pen and calculator sitting next to an accounting binder.

Bookwork, The Missing Management Component: Consistency of Financial Records

Consistent record keeping will allow for accurate ratios and trend analysis. While operations will change, grow, or contract, having a standard operating procedure will allow for analysis and decision-making.