Sometimes, we look at neighboring farms that seem to have a “secret sauce” to their success. But just like great barbecue, there are no shortcuts and no single secret sauce recipe. Success on these top-tier farms is a series of repeatable elements that work together.

Following the historical high prices of 2021 and 2022, fertilizer prices significantly declined in 2023 as supply chain disruptions eased. This trend largely continued into 2024. While prices have stabilized, they remain elevated compared to pre-pandemic levels.

The purpose of this article is to increase your comfort level in performance discussions. There are two types of performance discussions. The first focuses on training and assigning new tasks and/or responsibilities. The second is providing feedback on the execution of those tasks and responsibilities. The focus of this article is the latter – feedback – although all but the first section applies to both.

I’ve been blessed to know many successful farmers, entrepreneurs and business leaders who always seemed to be a step ahead of the herd. What are the common threads among these folks? What core set of traits did they share? I came up with three traits and one overarching theme.

Whether we’re at the high point of a cycle or in the depths of a downturn, the best managers regularly manage their margins. They understand that margin management is an “always” mindset, one that builds stronger positions during the good times so they can get through the bad.

The current business climate of high interest rates and ongoing inflation is challenging. It requires business owners to be proactive and strategic with cash management, debt management and requires an overall increased focus on every aspect of the business.

In agriculture, uncertainty is a constant challenge. However, these uncertainties should not paralyze decision-making or delay essential long-term strategies such as succession planning.

When it comes to farm versus household accounts, separate checking, savings and other accounts can safeguard business funds from personal ones, allow farms to monitor farm spending more easily and assist with recordkeeping of the farm’s finances.

Safety for corn silage harvest includes everything from equipment checks to personal care. It’s no secret that harvest season is a dangerous time on any farm. Help prevent your farm from becoming another statistic by following these easy – and potentially lifesaving – safety tips.