Financial Management

Farmland
USDA NRCS Montana (Flickr/Public Domain)

Successful Grain Marketing Focuses on Establishing a Financially Successful Farm Price

July 22, 2021
This Center for Agricultural Profitability article highlights the role of expected revenue in relation to production costs in making the grain marketing decision as well as the creation and importance of your farm’s average selling price.

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Combine in field
USDA NRCS (Flickr/Public Domain)

Long Term Profitability, Balance and Growth of the Farm or Ranch Business

July 22, 2021
Nebraska Extension Agricultural Economist Matt Stockton examines the relationship between profitability and farm management in a balanced operation, and what it takes to be a skilled agriculturalist.

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Field of forage crop
USDA NRCS Montana (Flickr/Public Domain)

Managing Risk with Annual Forages

June 24, 2021
Annual forages are a useful tool to help manage erosion risk and build more resilient soil profiles. When planting annual forages to manage risk, producers may want to consider purchasing a crop insurance policy under the Annual Forage Insurance Plan (AFIP). 

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Calculator
Recha Oktaviani/Unsplash

Have You Reconciled Your Bank Statements Recently?

June 17, 2021
Reconciling your financial accounts is vital — extension educator Jessica Groskopf offers insights on how to make this part of your bookkeeping process simple and expedient.

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Calendar stock image
Behnam Norouzi/Unsplash

Quality Decision-making: What Should Farmers and Ranchers Be Paying Attention to Now?

May 20, 2021
To prepare producers for sustainability in the rapidly changing agricultural industry's environment, this article reviews tactics for protecting liquidity, reducing debt and managing law changes.

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Harvesting crops in field
USDA/Flicker

Farm Income and the Safety Net in 2021

May 20, 2021
In this article, a brief analysis of farm income and federal farm income safety net programs provides some insight on current conditions and on potential future directions for ag policy and farm economics.

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Farmer in tractor

Proactive and Quality Decision-making in Agriculture

April 29, 2021
A discussion on how growers can benefit from building proactive decision-making skills and get the results they want from their operation. 

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Toxic content barrels
Duke Rabe/Pexels

Managing an Ever-complex Farming Operation: Seven Types of Waste

April 22, 2021
To add value and success to your operation without adding more cattle or acres, review the seven types of wastes to watch for on your farm.

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