MANAGEMENT

Discussions about change happen all the time. How do we plan for it? What should we say about it? How do we lead our team through it? Will it be seen as positive or negative?

Decision-making in a farm business is a daily occurrence. Some of these decisions can significantly impact the profitability of your farm business.

The foundation of all ruminant diets is forage. The ruminant digestive system cannot function correctly without forage.

In 2017, the average total noncapital living expenses of 1,219 farm families enrolled in the Illinois Farm Business Farm Management Association (FBFM) was $79,798 – or $6,650 a month for each family. This average was 3.7 percent higher than in 2016.

Before we really dig deep into these questions, let’s take a look at a football team. It will make sense later, I promise. This clever concept is credited to David Kohl, professor emeritus at Virginia Tech University and popular instructor on agriculture finance.

The continued market pressure on agricultural commodities has farmers and food processors looking for ways to differentiate their products.