FARM BUSINESS NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Wed Jan 23, 2013 05:36 PM CST

Stacie Koger's family farm has already accrued a state corn yield title and has been in the running for others. But unlike yield contests, most farmers outside the Corn Belt lack standard benchmarks to measure whether they're profit champs or just contenders. So five years ago when the certified public accountant came home to her family's Mississippi Delta crop farm to handle finances, she instituted her own yardstick. Koger converted all the farm books to accrual and began charting key expenses and financial ratios for the past five years, hoping to spot critical trends and to stay proactive.

"When you're ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
Check and Certify
Ag Interest Rate Snapshot
Klinefelter: By the Numbers
Senior Partners - 3
Rates Too Low Too Long