In this issue...
Have you heard about Block Chain technology? Some believe it has the potential to revolutionize our industry. Learn what it is; how it could be used in agriculture; who will pay for the technology and who will benefit. Applications include food traceability, “smart contracts,” grain storage, and new markets for conservation practices.
There IS more than corn in Indiana! Animal agriculture has been growing faster here than the nation in total. Can you guess which animal enterprises are providing the accelerated growth? Most of the growth is coming from industrial scale operations. Why Indiana?
Businesses tend to grow over time. In this article two farm management professors discuss 10 Questions to ask about business growth. Start with, “Why Grow?” Then move on to, “What are my growth options?” And consider, your “Sustainable Growth Rate.” You can even link to a checklist for your business.
Commodity markets are powerful forces as demonstrated by the recent boom-moderation cycle in grain and oilseed markets. The boom period encouraged more global land to come into production. You may be surprised to find out where and which crops won the “battle for acres” and which crops lost.
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