Traditional hedging through the futures markets has long been a part of agriculture. However, many producers aren’t comfortable with or able to put it into practice.

Idaho farmgate cash receipts and net farm income reached record highs in 2022. High prices contributed to record receipts for all major crops and livestock groups.

Farm and ranch succession seems to be one of the hot topics in meetings and magazine articles the past couple of years. If you read the Progressive sister publications to Ag Proud – Idaho, you no doubt have read articles about succession.

So you’ve gotten a few years of producing cattle under your belt and are feeling pretty good about the future.

As an adviser to the farmers of my county and beyond, one question I dread the most is “Andy, what am I going to do?”

We’ve heard in songs and sayings that “it only takes a spark” to light a fire, but sometimes it also takes several sparks a few different times to really get things going. At least, that was the case for our family farming business when it came to digging deep into the numbers and financials of our dairy and crop operation.