Farm Industry Trends

  • Farmers are Blogging

    I have enjoyed doing my blog for about a year now and have now started to see some farmers using a blog to communicate with their landlords, neighbors, bankers and others that might be interested. Reading the latest issue of Successful Farming, I noted an article on the Martin Family Farms in Logan County, Illinois.   The title […]

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  • Hog Odors Raise a Stink

    For those people living in rural areas, the smells associated with hogs, cows, etc. can be a nuisance.  Usually most people grin and bear it, however, there are many times when they try to do something about it. The High Plains Midwest Ag Journal recently reported on a civil trial filed in Kansas City regarding […]

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  • Minimize Your Fixed Cost Amortization to Maximize Your Profits

    To maximize your profit for your farm, it is very important to determine what your annual fixed costs are and determine if you are maximizing your amortization of these costs on your farm.  Fixed costs are those costs that do not materially change with production increases and decreases.    Some examples of fixed costs are: […]

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  • Gen X – Gen Y – How Are You Dealing With Them

    In a recent issue of Top Producer magazine, an article was written by Linda Smith about how agricultural managers are dealing with the Gen X and Gen Y generation. I know that being a parent of 4 Gen Y boys that you need to deal with them differently from people from my generation (the baby […]

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  • Strong Farmland Auction Prices Continue

    Mike Walsten from the “Your Precious Land” has posted recently that farmland sold at auctions are still enjoying high prices. Mike also was interviewed on Ag Day last week and one of his interesting comments related to the trend of farmers in the metro Chicago area.  When pricing for development land was very high during the mid […]

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  • Legacy by Design

    One of the shows that I have taped on my DVR each day is AgDay.  It comes on in the morning at 6 am and when I get home from work, that is usually the first thing that I watch on TV.  The parent of AgDay, Farm Journal Media has launched a new monthly TV […]

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  • Rural Broadband – Catching up to Urban Broadband?

    Sort of like the photo of my motorcycle at the left, broadband Internet services are much faster than dial up (or in my case a Harley).  Historically, the utilization of broadband Internet services in the rural sector has been much lower than urban areas. In an article in the September, 2009 Amber Waves , several […]

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  • Farm Debt Levels Are Increasing

    All in all, farm debt levels have increased, however, farmers have done a very good job of not letting these levels get out of control. The United States Department of Agriculture has a very good print and online magazine called Amber Waves.  Each issue generally has several good articles related to farming and I would […]

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  • Top-Third vs. Bottom-Third

    The Kansas State University Department of Agricultural Economics periodically produces a recap of the high 1/3, mid 1/3 and low 1/3 of various farms in their state.  They just released the latest analysis for corn, sorghum, wheat, soybeans and alfalfa for the three years 2006-2008.  The total number of crop farms reporting for all three […]

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  • Does Your Banker Understand Hedging

    For a farmer to be successful in using a hedging strategy, they must have an agricultural lender that understands and promotes hedging.  Many lenders are willing to finance margin accounts for bonafide hedgers since they understand that the farmer is reducing their exposure to pricing risk.  Some will also lend a larger percentage of the […]

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