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MANAGEMENT

Manage employees, analyze yield drivers, explore forage markets, become more confident in preparing farm financial statements, and untangle farm succession issues.

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I was recently working with a large operation that was faced with the retirement of Bill, a 30-year employee who oversaw their livestock program.

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Transitioning with conservation proved key to this family ranching operation’s survival

“The learning curve in agriculture is constant,” says Myron Lick as he reflects on his 48 years of farming and ranching.

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This time of year, you potentially have balers, swathers and other equipment utilized in your operation. Many states might be doing campaigns to remind the general public to take it easy around big farm equipment.

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The hay is sold, the check is in your hand, and now it’s time to pay the bills. Having money left over means your haying operation is profitable, right? What if you could be making more? Could you just be breaking even? Or are you actually losing money and you just aren’t aware?

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“Over the years, one thing I’ve learned is nothing is so valueless as a service already rendered,” said J. David Krekeler, an attorney for almost 40 years with a specialization in debtor/creditor law for most of that time.

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Those of you who have followed my articles know that I like to illuminate the complex challenges facing forage and livestock producers. Like you, I would prefer things were simpler, but unfortunately, just the opposite seems to be happening.

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