Funded by the Illinois Soybean Association checkoff program.
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January 02, 2016 Aired: December 2014 Over the past few years, many producers have gotten accustomed to high commodity prices. However, with prices now on the decline and costs remaining high, farmers face a more challenging financial situation. In the fourth episode of “Management Matters: Focus on Profitability,” David Kohl, agricultural finance author and professor emeritus at Virginia Tech University, explains that this downturn in the... |
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January 02, 2016 Aired: November 2014 What will happen to your farm when you retire? Many farmers will pass the reigns to their children, but the details of these transitions aren’t always clear. A succession plan is key to ensuring that your farming operation continues to be a success and that the next generation is prepared when the time comes. In the second episode of “Management Matters: Focus on Profitability,” Kevin Spafford, founder of... |
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January 02, 2016 Aired: November 2014 Farmers deal with uncertainty on a regular basis, from fluctuations in weather to changes in market demand. But lower commodity prices and higher input costs pose a new challenge—staying profitable in a tough business climate. “We need to focus more on the financial management of the business than we have in recent years,” says Mike Boehlje, Ph.D., professor of agricultural economics at Purdue University. In... |
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January 02, 2016 Fighting soil compaction, keeping nitrogen and phosphorous in your soil, and increasing your yield potential. Every farmer aims for these things, but how can you achieve them without spending more money than you have to? Every year, more farmers are adopting cover crops—the USDA Census of Agriculture report shows that U.S. farmers planted 10.2 million acres of cover crops in 2012—and for good reason. In this season’s last episode of “... |
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January 02, 2016 Farmers have been bringing food to American tables for generations. But we have a new challenge—there will be 2 billion additional mouths to feed by 2050. To keep up with such rapid population growth, we need farming to be both profitable and sustainable. While farmers never plan to use more nutrients than needed, changes in the growing season can make it difficult to pinpoint the right amount to use. In the fifth episode of “... |
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January 02, 2016 Most growers invest in managing their corn crop, unaware that similar practices can achieve higher yields and profits for soybeans, too. While management matters for soybeans, there isn’t one silver bullet solution. With the right combination of management practices, growers can capture more soybean yield potential. In the fourth episode of “Management Matters,” Fred Below, professor of plant physiology and crop sciences at University... |
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