Articles Tagged with ''budgeting''
Separating farm and household expenses can help when creating realistic budgets for both.
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The ramblings of an ag banker at 3 a.m.
Characteristics and habits to avoid when trying to build a positive relationship with your banker.
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Equipment for buy, borrow or hire
Choosing between buying and operating your own equipment versus custom hiring involves more than just numbers. Farm size, time constraints, equipment quality and labor are key factors in the decision-making process.
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Managing new and used dairy robots for longevity
Milking robot technology is more widely available than ever before. Ensuring the greatest ROI when deciding between new and used involves evaluating multiple variables and pairing the investment with a service level agreement to provide peace of mind and financial predictability.
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3 ways producers can stay grounded when profit is up
Cattle producers should take full advantage of the current market upswing as record profits in the industry are projected for the next several years. Below are three ways producers can take advantage of the current market cycle while preparing for long-term success.
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What cattle producers should prioritize in an inflationary market
Inflation and interest rate increases are raising expenses and requiring producers to obtain more credit. To safeguard their finances, producers should use suitable loan terms, mitigate price risk and assess their risk tolerance.
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Are low-cost parlors the industry’s best-kept secret?
For more than 20 years, the low-cost parlor design has been a staple for speed and efficiency when it comes to milking systems. As the design has been fine-tuned, it has put more emphasis on ergonomics and safety while milking cows.
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Transitioning to robotics: What to consider from a financial perspective
Transitioning to a robotic milking system is a significant investment for any dairy business. Consider these five areas when determining if robots are the right fit for your dairy farm.
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