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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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A fundamental goal to a successful harvest season is that “everyone goes home at the end of the day – whole, healthy and ideally in better shape and condition than at the start of their work day.” There is also a very real financial side to a successful and safe harvest. Prevention of accidents and their resultant injury and illness reduces your annual worker’s compensation bill.

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Recordkeeping – the term conjures up hours of office work and data entry. It’s the nemesis of many a productive farmer, a nightmare of paperwork and frustrating computer programs.

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Over the course of the last year, the Federal Reserve’s Open Market Committee gradually raised the interest rate on overnight deposits (the discount rate) from 1 percent at the end of 2016 to 1.75 percent at the end of 2017.

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As we enter the new year, many of you have set resolutions you hope to keep throughout the year – but may have broken them by the time you read this article.

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Just like skipping to the last half of a book, using laboratory hay quality analysis to make purchasing decisions doesn’t give you the full story.

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The last time you bought a bag of lawn seed, did you examine the small print that lists the forage species and cultivars? Or when you purchased perennial seed to renovate a pasture, did you carefully note the species listed for each commercial seed mix?

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