Farm Industry Trends

  • 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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  • End of Year Reflections

     The idea for this blog was a glimmer in my mind at the end of 2008.  While surfing on the web, I found the Golden Practices web-site that listed different industry specific blogs.  This spurred me to action and with their help, we had a fully up and running blog site in the first quarter […]

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  • Monsanto = Monopoly?????

     I have read several articles about the Department of Justice possibly looking into anti-trust concerns regarding the concentration of seed genetic traits by Monsanto.  Many experts believe that Monsanto uses their supplier contracts with other seed companies to unlawfully constrain competition in the seed industry. Over the last 12 years, Monsanto has gone from having almost […]

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  • Corn Harvest is Not Done

    I was traveling over the last couple of days to the Mid-West.  I spent part of my time driving from Kansas City to Davenport, Iowa and then from there to Hannibal, Missouri and then back to Kansas City.  While on this trip, I noticed that there was still a lot of corn that was not […]

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