Cost Of Production
Grain marketing expert Tyler Russell explains how to start creating your risk management plan. Find out what to include, why it's so important to have one and how to prepare for an unexpected change.
Knowing your cost of production and your cash flow needs are essential elements of a good marketing plan.
Knowing how fast your farm machinery is depreciating and how to slow it is an important factor when buying more equipment.
Deciding to buy or lease farm equipment can be difficult. Lance Stockbrugger explains the differences and how it can affect your cost of production.
There are many advantages to storing your grain onsite. But while adding more capacity is great, it's important to have a master plan.
Ownership of farmland was unchanged between 2011 and 2016, but Canadian producers shifted to more cash rent agreements.
When selling to a local market, it's important to know your operating costs and how to set the right price for your product.
Expanding your seeded acreage may not be as beneficial as you might think. Sometimes, fewer acres will be more profitable, depending on equipment operating costs and manpower.
At around the mid-point of the calendar year, some farmers may find it a good time to take stock of business operations.
Victor Aideyan explains how cost of production, seasonality and a selling strategy are key to creating effective commodity marketing plan.