2008 Crop Cost and Return Guide
The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the February 2008 crop budget estimations.
Read MoreManaging in Times of Financial Stress
The best strategy is to resolve financial stress problems before they become severe. One of the most important rules of managing in times of financial stress is summed up in the simple but powerful phrase-early recognition, early resolution.
Read MoreStrategies for Dealing with Agricultural Lenders
Many factors contribute to financial stress for small business owners, and farming is no exception. Dealing with lenders at such times can be an additional stress — or a way of relieving it. This publication outlines 10 strategies for dealing with agricultural lenders.
Read MoreRenegotiating Fixed-Price Hog Production Contracts
Production contracts have become a popular mechanism for coordinating hog production.Some of these contracts are based on a fixed price for Segregated Early Weaned (SEW) pigs. Others are contractual arrangements to lease grow-out facilities on a fixed-price-per-pig basis or on cost-plus contracts. Large price changes can render such contracts untenable for one or the other party.
Read MoreIncome Enhancement Strategies for Farmers
As farmers, you know that cost reduction is clearly the place to begin when developing survival strategies if you are facing serious financial difficulties. But many of you have adopted intensive production systems and have already reduced costs to the bare minimum over the last several years while prices of inputs continue to rise rapidly. This leaves little room for advice on how to weather financial stress through cost reduction.
Read More2007 Crop Cost and Return Guide
The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the January 2007 crop budget estimations.
Read More2006 Crop Cost and Return Guide
The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the January 2006 crop budget estimations.
Read More2005 Crop Cost and Return Guide
The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the January 2005 crop budget estimations.
Read MoreStrategic Planning: Scanning the Horizon
Any planning activity involves thinking about the future. However, the focus of strategic planning is not on predicting the future, but instead on making better decisions here and now in order to reach a desired future. Because the future cannot be known with certainty, farm business managers must make certain assumptions about what the future will hold.
Read MoreThe Internal Analysis of Your Farm Business: What is Your Farm’s Competitive Advantage?
Assessing the strengths and weaknesses of your farm business will help you identify those activities conducted on the farm that can create a sustainable competitive advantage for the business. To accomplish this goal, it is necessary to identify those activities at which your farm business excels, not just activities that it does equally as well as its competitors.
Read MoreFollow @PUCommercialAg to see the latest farm management news.
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