Why is working capital so important in today’s environment? To start with, working capital represents a farm’s first defense against financial stress. When cash flow is tight or even negative, working capital can be used to cover the gap or shortfall.
Farms with low profitability and high solvency are typically financially stressed. This article uses the operating profit margin ratio and the debt to asset ratio to create a measure of financial stress.
USDA’s October Cattle on Feed report, released on Friday, October 25th, indicated that the nation’s on feed inventory of 11.3 million head was about 1% smaller than a year ago, but still more than 4% larger than two years ago.
This article discussed recent trends in feeding cost of gain, the feeder to fed price ratio, and cattle finishing net returns. Average cattle finishing losses in the first six months of 2019 were $52 per head.
A series of leasing articles that discuss cash rents and land values: Leasing Principles for Cropland, Providing Reports for Crop Landowners, Flexible Cash Rent Leases, Incorporating Conservation Practices & Improvements into Cropland Leases?, Should I Use an Annual or Multi-Year Cropland Lease?
Recorded September 13, 2019 | Jim Mintert and Michael Langemeier discuss the outlook, market analysis, and marketing considerations for the 2019 crops.
Examining the competitiveness of crop production in different regions of the world is often difficult due to lack of comparable data and agreement regarding what needs to be measured.
Today, farms are much more specialized in crops or animals, and many fewer are in both. Has this changed the relative economic importance of crop and animal agriculture in the U.S.?
