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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
9
Mar

The Ability to Change-That's the Secret Sauce

March 08, 2022

By: Roger Murray

Originally published in Hoard's Dairyman, this article by Roger Murray, Farm Credit East Chief Marketplace Officer, examines the characteristics and process of operating a business with a sustainable competitive advantage.

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Posted In: Business Tips and Tools

Tags: business management, business planning, dairy, farm business, farm management, financial management, risk management
22
Feb

Setting Up Your Spring Crop Insurance Policy: Revenue Protection Vs. Yield Protection

February 22, 2022

By: Daniele Ricci

As the March 15 deadline to finalize risk management plans for the year approaches, producers are faced with an important decision: revenue vs. yield protection. Daniele Ricci, Crop Growers LLP, gives an overview of the policies, and how to determine the right protection for your operation.

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Posted In: Business Tips and Tools

Tags: ag expenses, ag revenue, business management, business planning, cash flow, cash management, cost of production, crop expenses, crop growers, crop insurance, farm expenses, farm finances, farm revenue