Articles tagged under: profitability
Top Story #5: The Farm Balance Sheet and Strong Commodity Prices
Published December 29, 2021
According to Bell Bank Senior Vice President of Agribusiness Development Lynn Paulson, 2021 was a decent year financially for many farmers despite the dry conditions. "Even producers with marginal yields probably did ok, partly due to increased commodity prices and…A Price Squeeze Ahead in 2022
Published December 20, 2021
Despite the dry conditions in the Dakotas and Minnesota, 2021 was a decent year financially for many producers. "Producers with marginal yields probably did okay just because of increased commodity prices and production expenses that were somewhat reasonable," said Lynn…Keep Finances Tight
Published August 23, 2019
South Dakota State University Extension Crops Business Management Field Specialist Jack Davis says profitability is tough in South Dakota this year. He recommends farmers keep finances tight and only invest in efficiencies, if needed. "Don't over invest. If farmers have…Proactive Marketing is an Important Piece of Profitability
Published August 21, 2019
Part of staying profitable means farmers need to take action marketing their crop. Advance Trading Director of Farmer Marketing Dave Fogel says the market doesn’t wait. Some farmers still have old crop in the grain bin. "The amount of overpriced…