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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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Imagine a contest at a local livestock show where attendees are asked to guess the weight of the prize-winning animal. Nearly everyone will fail to get it precisely right. But what if you averaged everyone’s answers?

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In an earlier edition of Progressive Forage, we featured an article that compared a football team to the basics of farm finance. In that analogy, the safety position on a football team was compared to your farm’s equity.

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Grazing management requires planning for the future and acting in the present. Planning is integral to success. Set goals for the operation, evaluate current assets, and then sketch out a plan to reach your goals.

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For the November issue, I wrote an article about the Norfolk Four Course: Turnips and clovers in revolution and how it helped increase agricultural production and made possible the first sustained population growth in England.

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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?

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

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