Whether we’re at the high point of a cycle or in the depths of a downturn, the best managers regularly manage their margins. They understand that margin management is an “always” mindset, one that builds stronger positions during the good times so they can get through the bad.

The current business climate of high interest rates and ongoing inflation is challenging. It requires business owners to be proactive and strategic with cash management, debt management and requires an overall increased focus on every aspect of the business.

When it comes to farm versus household accounts, separate checking, savings and other accounts can safeguard business funds from personal ones, allow farms to monitor farm spending more easily and assist with recordkeeping of the farm’s finances.

Safety for corn silage harvest includes everything from equipment checks to personal care. It’s no secret that harvest season is a dangerous time on any farm. Help prevent your farm from becoming another statistic by following these easy – and potentially lifesaving – safety tips.

You never hear someone say they love farming because they love sitting in a meeting room talking about business. They will probably say they’d rather be doing anything else – with animals, crops, machinery, you name it – than sitting in meetings.

To dairy farmers, carbon credits, or offsets, are best known in association with anaerobic digestion. These projects require big farms with significant amounts of manure and plenty of capital, resulting in credits sold to buyers outside of the dairy or even the food and beverage industries.

As the summer months progress, the forage quality for grazing cattle begins to change rapidly for much of the western U.S. Cattle performance is dependent on the consumption of digestible nutrients; thus, forage quality and availability are essential for grazing-based systems.

Here is a five-step system for managing hidden costs. While this example focuses on weed control, the system can be applied across many farming and business management areas.

Cows crave consistency, and it’s imperative that we provide them with a consistent ration, using clean feed mixed properly and delivered at the same time every day.

Over time, the strength and size of unified family assets create a competitive advantage over the farms that fragment their assets with each generation. I don’t believe many people set out to erode family assets, but it often happens by falling into some of these transition planning traps.