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14
Jun

Safety on the Farm: Take it Seriously!

June 14, 2022

By: Chris Laughton

Farming remains one of the most dangerous occupations in the country. Accidents can, and do, happen; it’s important to implement preventative precautions, and to be prepared if the worst case scenario does occur.

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Posted In: Business Tips and Tools

Tags: ag expenses, business management, employee management, expenses, farm business, farm expenses, farm management, risk management
7
Jun

Will That Purchase Pay For Itself?

June 07, 2022

By: Roger Murray

Originally published in Hoard's Dairyman, this article by Roger Murray, Farm Credit East Chief Marketplace Officer, examines how to prioritize capital investments using a variety of strategies, including partial budgeting,

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Posted In: Business Tips and Tools

Tags: ag expenses, business management, business planning, cash management, cost of production, expenses, farm finances, financial management, input costs, variable costs
3
May

Wet Planting Season? Consider Prevented Planting

May 03, 2022

By: Daniele Ricci

If 2022 is a wet planting season, Multi-Peril Crop Insurance (MPCI) policies have a prevented planting provision that might come in handy. Read on for more information, and as always, keep in touch with your local Crop Growers agent to see if prevented planting is something you should consider.

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Posted In: Business Tips and Tools

Tags: business planning, cash field, cost control, crop growers, crop insurance, crop expenses, crop revenue, insurance, risk management, weather
22
Mar

Planning a Good Year

March 22, 2022

By: Ethan Robertson

Whether you're planning for a banner year or bracing for the worst, the main factors in any business are planning and communication. Farm Credit East Business Consultant, Ethan Robertson, gives some specific examples of planning for the year ahead, as well as succession planning for further into the future.

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Posted In: Business Tips and Tools

Tags: business management, business planning, consulting, dairy, economy, young & beginning farmers, generational transfer, succession planning