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Today's Harvest

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6
Aug

Overcoming Ag Labor Challenges: Implementing Technology

August 06, 2019

By: Kristie Matuszewski

With growing ag labor concerns nationwide, some operations are circumventing their labor needs by turning to mechanization. Learn how some operations are implementing technology to cut back on their labor demands.

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Posted In: Ag Economy

Tags: ag expenses, ag outlook, dairy expenses, dairy, employee management, labor, technology
21
Aug

Positioning for Financial Success

August 21, 2018

By: Chris Laughton

Every farmer, fisherman or forest product producer defines success differently. For some, success is measured strictly in dollars and cents: the “bottom line.” Others make non-financial goals a priority. Nonetheless, every successful producer shares a few key management and financial practices. Here are some practices recommended by Dr. David Kohl, an agricultural economist specializing in farm business management.

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Posted In: Business Tips and Tools

Tags: ag expenses, business management, collaboration, communication, efficiency, financial management, production, record keeping, taxes
10
Jul

Knowing Your Cost of Production Can Help with Sound Management Decisions

July 10, 2018

By: Chris Laughton

In any business, including natural resource-based enterprises like farming, fishing and forestry, knowing your costs has always been important. But in today’s world of tight margins, it is imperative. Knowing, and managing, your cost of production is essential to running a profitable operation.

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Posted In: Business Tips and Tools

Tags: ag expenses, business management, cash accounting, cash flow statement, cash flow, cash management, efficiency, employee management, farm business, farm expenses, financing, fixed costs, labor, milk, profitability, variable costs
8
Mar

Command and Control - Has Your Business Kept Up?

March 08, 2018

Northeast farm, forest products and fishing businesses have invested fast and furious in technology and productive assets over the past decade. We’ve observed, and often had the opportunity to finance major investments in new and updated machinery, buildings and structures, technology, working capital, and land. All of this bodes well for the future of your businesses. But, has your business management capability kept pace with new investment in productive assets?

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Posted In: Business Tips and Tools

Tags: ag expenses, business management, business planning, cash flow, cost control, efficiency, expenses, farm expenses, farm finances, farm revenue, farm management, net worth, productivity, profitability, real-time accounting data