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…
Both corn and soybean prices show signs of change, with pressure to trend lower, but, strong animal feed and renewable fuel demand might bring some relief. If so, when? In addition to trying to time portions of your expected 2024 corn and soybean crop sales throughout the year to possibly hit top markets, also consider…
If you’re a consumer of ag media, then you may have heard the name Liz Hulsizer. She’s a devoted advocate for mental health awareness and accessibility in rural America. An ADM grain origination specialist and a fifth-generation farmer, Liz and her husband Matt have made it their purpose to get people in rural America talking…
Following a strong two-year run, corn futures remain near the upper end of their historical price range. To protect these prices, producers can utilize a contract like the ASP to forward price a percentage of expected production during a seasonally strong time of year. By taking advantage of an ASP contract, you will benefit from:…
