NEWS
Woodbury: Farm Family Business
Lance Woodbury DTN Farm Business Adviser
Thu Aug 28, 2014 06:21 AM CDT

As we head into a season of lower commodity prices for grain producers, concerns about financial margins can cause stress among owners in a closely held business. A seemingly endless list of issues emerges: determining financial priorities; challenging one another's assumptions about what the business really needs; understanding the risks associated with certain growth opportunities; communicating with nervous lenders, vendors or landowners; responding to employee's requests for additional compensation and more. The impact of all these, and others, can result in a feeling of being overwhelmed. And when people feel overwhelmed, they tend to lash out at those to whom ...

Quick View
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
Ag Interest Rate Snapshot
DTN Retail Fertilizer Trends
Minding Ag's Business
Minding Ag's Business
Minding Ag's Business
Ranch Hands
Minding Ag's Business
CP Railway Logs Record Q3
Canadian Pacific Ends CSX Deal Talks