Just as cab tech provides valuable information to help save time, increase profits and reduce operator error in the field, business tech can enhance your management capabilities back at the farm.

In this Ask the Expert, Robert White answers questions about the FSA farm loan application process.

Reflecting on 2024’s progress, Ron Baruchi, CEO of Agmatix, explores how these advancements shape the future of global agricultural innovation, turning potential into practical, impactful change.

Sustainability can go in many directions, but there’s a sense that all the directions eventually lead to the same destination. As we ring in yet another new year, it seems like an appropriate time to map out the buffet of sustainability. So grab a fresh plate and get in the line as we review the options.

Following the historical high prices of 2021 and 2022, fertilizer prices significantly declined in 2023 as supply chain disruptions eased. This trend largely continued into 2024. While prices have stabilized, they remain elevated compared to pre-pandemic levels.

I’ve been blessed to know many successful farmers, entrepreneurs and business leaders who always seemed to be a step ahead of the herd. What are the common threads among these folks? What core set of traits did they share? I came up with three traits and one overarching theme.

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.