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Get Cash While Preserving Upside

Many farming operations need cash in the fall and spring. According to ADM Grain Origination Specialist Glenn Menke, the trick is paying bills without surrendering market upside on the grain you deliver. “During harvest, you’ve got high fuel costs, fall-applied fertilizer and anhydrous, final fall rent payments, and maybe some real estate taxes,” says Menke.…

The State of Ag in Disrupted Markets

When you look at soybeans, wheat, and corn right now–the grain complex–professional marketers say things will get better, they just don’t know when. So, the challenge is getting through the interim. Even with the disruptions (most recently from COVID-19), you can take steps to control your risk. A disciplined approach will position you for opportunities…

A New Year’s Resolution for Crop Insurance

Every growing season has its own set of challenges, and 2023 is likely to be no exception. Prices for grain and oilseeds are strong coming into the year, but high input prices are likely to continue to press farm profitability. In addition, industry projections for 2023 farm income are not as rosy as in the…

How to Farm with a Higher Business IQ

During the “commodity super-cycle” between 2007 and 2012, it wasn’t unusual for net farm income to top $125,000. But statistics show median farm income around $35,000 in 2017. Some would say we’re in a “winter of agriculture”—meaning a tougher challenge for some operations. But noted ag economist Dr. David Kohl says there are many new…
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