Farm Business - General
A proactive plan allows you to be ready to sell when opportunities arise as well as leave the upside open for greater profitability.
Meetings are an inevitable element of business, but they can be a boon or a bore, depending on how they are run.
If you’re short on employees, you’re not alone. New forces are at work, and I don’t see them changing any time soon.
As a 21st century farm manager, you’ve invested in high-tech tractors, more efficient irrigation systems and automated milking parlors. But what about your farm office?
Small innovations, or “minivations,” are what make each dairy unique and serve as a competitive advantage.
On-farm processing has gained a lot of traction over recent years to help farms meet their economic and business goals. However, a dairy processing center is not a simple addition to the farming operation.
Dairy financial experts strongly encourage producers to push pause to outline the steps needed to take place in Q4 to wrap up the year on the best foot possible and help position a dairy for a successful start in 2023.
Ear tags, a fundamental tool in dairy production, have been in short supply for months on end. Find out why the backlog happened, and the steps being taken to remedy it.
Your farm will regenerate and reinvent itself to thrive in a changing world. Building commitment and alignment between the family and the business is key to a lasting legacy.
The interest bumps for the year probably aren’t over, as the Fed has released median projections of a target rate of 4.4% by the end of 2022, and 4.6% in 2023.
With costs going up for labor, feed and everything in between, knowing your numbers is key to helping your dairy plan for the future.
If you want to go fast, go alone. If you want to go far, go together.
While the process of finding an employee who fits the bill remains challenging, taking time to showcase your farm’s culture and making them feel a part of the team could help your new hire stick around a little longer.
Because tar spot can develop as early as the third or fourth leaf stage, Whitlow says field scouting is especially important in determining when the corn crop should be harvested.
Get to know your employees as people beyond what they bring to work.
How can you reward team members for good work, increase employee retention and achieve your operation’s goals? Consider implementing an incentive pay system to reward your farm employees.
RNG is natural gas derived from the decomposition of organic waste material, including food waste; garden and lawn clippings; municipal wastewater; landfill waste; and – the biggie for livestock production – manure.
Farmers are overwhelmingly putting the brakes on asset purchases and capital investments.
A COVID-era policy is about to expire, changing the requirements for employers verifying the identity of their workers.
“Nearly every working manager is more competent and comfortable doing tasks,” says Bob Milligan with Dairy Strategies. “That makes it easy to avoid the people side. It is rational but not effective.”
Defining roles keep workers from stepping on each other’s toes.
Cyberattacks happen every single day, and they’re creeping into rural America. Here’s what you need to know to protect your operation from cybercrime.
New York ranks fourth in the nation for milk production. If the recent state board recommendations are approved by the state labor commissioner, New York will also rank in phasing in a 40-hour overtime threshold.
Many dairies are looking towards other options to increase cash flow and create room for more family members on the farm.
A record 4.3 million people quit their jobs in the United States in August 2021, a historic high that has far-reaching effects on American life in general, and agriculture specifically
In the long run, what opportunities could farmers harvest? Consider these emerging trends.
I knew the day would eventually come where I would have to make a hard decision on my own at the farm, but I wasn’t ready for it to be then.
Regardless of what type of business you’re running, it’s important to know and manage your financial risk to know exactly where you stand on that net income or net loss spectrum.
Many dairy producers are on solid financial ground, Financial experts offer tips to hold that ground, such as taking advantage of current interest rates and positioning your farm as a preferred employer.
What standards do lenders use to evaluate farm loans in 2021?