NEWS
Cash Will Be King
Elizabeth Williams DTN Special Correspondent
Mon Oct 27, 2014 03:25 PM CDT

INDIANOLA, Iowa (DTN) -- When grain markets began their free fall, Indiana farmer Gordon Millar eyed his farm's financial projections and knew he needed to come up with more cash to keep his lender happy and his operation prepared for tough years ahead. During hard times, working capital would be king.

"In 2013, we had the most profitable year we ever had, and I've been aggressive in pre-selling our 2014 crop, which should keep us above breakeven this year," the New Carlisle, Ind., farmer said. But 2015 shows negative profit margins, even for an operator with crops as diverse as ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Year-End Tax Panic Do-it-yourselfers beware: Last-minute tax rules could complicate your 2014 returns. Small employe...
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
Stretching a State's Waters
Lenders on Alert
High-Speed Trading Firm to Pay $1M
Farm Investors Welcome