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General Farm Management & Strategy

Estimating the Cost for Drying Corn

The cost of drying corn grain will depend on the type and size of drying system utilized, the amount of moisture to be removed, the weather conditions during the drying period, and the current per unit costs for electricity and drying fuel.

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Stress Testing

This article is one of a series of financial management articles that will examine financial statements and financial analysis. Stress testing describes a range of techniques that can be used to access the vulnerability of a firm’s balance sheet and income statement to changes in prices, production, or financing.

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Using Credit Reserves to Manage Financial Risk

This article is one of a series of financial management articles that will examine financial statements and financial analysis. There are numerous sources of risk in production agriculture.

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Farm Building Rental Rate Survey

Farm buildings and livestock facilities often outlast their owner’s need for them, but can still provide usable service. Farm operators and livestock producers may be able to make use of certain types of farm buildings but are not in a position to invest in new facilities.

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Leverage and Interest Rate Risk

This article is one of a series of financial management articles that will examine financial statements and financial analysis. There are numerous sources of risk in production agriculture.

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Leverage and Financial Risk

This article is one of a series of financial management articles that will examine financial statements and financial analysis.

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Equipment Lease Analyzer

This University of Missouri equipment lease analyzer is designed to answer 2 questions regarding leasing farm equipment. First it seeks to determine whether a lease or a purchase is more profitable and feasible from a cash flow perspective. Second it helps decide the annual contract hours for a lease.

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Commodity Program Primer

The 2014 Farm Bill has completely overhauled the U.S. crop commodity payment system. Direct payment, counter-cyclical payment, and ACRE (average crop revenue election) payment programs have all been eliminated.

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Agriculture Risk Coverage-Individual (ARC-IC)

The ARC-IC calculation depends on three measures of revenue defined on the first page. The ARC-IC payment is unique in the current farm bill for its use of planted acreage in determining the level of payment received. The ARC-IC is also unique in that it only allows for payments on 65% of a farm’s base acres.

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Managing Risk in Your Farm Business

Most people working in agriculture are in the business of commodities. And in the long run, in a commodity business, it’s crucial to be a low-cost producer. Here are some practical ways that you can start lowering your costs today.

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