Some veterans in the ag industry are calling this spring a “100-year event.” Never in history has there been a year quite like this one. To complicate matters, the U.S.-China trade talks continue to struggle and tariffs have escalated once more, taking a toll on the markets. This rare triple-whammy (trade, markets, and weather) creates…
As North American farmers work to get the 2022 crop in the ground, it’s become increasingly apparent that this year’s crop is more crucial for the world’s food supply than in most years, according to a panel of ADM marketing professionals.
Measurement is the key to performance evaluation, and targeted benchmarks will provide a built-in pathway to knowing whether you’re meeting, exceeding, or falling short of your goals. So, what are the main ways to successfully analyze farm performance? Consider these top-five steps: 1) Establish and track profit per acre and/or breakeven production Among the key…