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12-Step Framework for Evaluating New Farms
In this blog post, we discuss a decision framework to use when analyzing farm rent opportunities. From filtering out biases that can trip you up to using farm management software to help with your analysis, we touch base on all aspects of analyzing new farms for rent.
Read More »A Simple Formula for Higher Farm Profits: The 5% Rule
Small changes can lead to large increases in farm profitability. Farms should focus on making incremental improvements to yield and price while reducing overhead expenses. This ROI-focused approach is a key step in building a successful business, farm businesses included.
Read More »The Power of Not Making Stupid [Farm] Decisions
In this blog post, we discuss a famous quote from Charlie Munger and it's application to farming. The key takeaway here is that if you're an amateur, you should avoid making costly mistakes vs. trying to make brilliant decisions.
Read More »Farm Management Decisions: The Curse of a Small Sample Size
In this blog post, we discuss the results of a recent on-farm test we came across. In addition, we talk about how farmers need to objectively evaluate the factors impacting an on-farm test before giving it a "pass/fail" grade.
Read More »Harvest Profit launches enhanced integration with Climate FieldView™
We are excited to announce an enhanced integration with Climate FieldView™️. This integration will allow mutual customers to import their as-applied data from FieldView™️ into Harvest Profit to calculate field-level cost of production and profitability.
Read More »My Favorite Farm Spreadsheet
In this blog post, we highlight a powerful farm analysis spreadsheet that we built. It allows you to perform Monte Carlo simulations on grain market prices. It's included in our Business of Farming course which we open once per year.
Read More »3 Lessons on Farm Decision-Making From a Poker Champion
In this blog post, we share with you a video on probability-based decision making from professional poker play Liv Boeree. Her thoughts are highly applicable to farm management decision making, given the uncertainty involved with farming.
Read More »Harvest Profit Customer Webinar - June 2020
In this blog post, we bring to you our most recent customer webinar. In this webinar, we give you a tour of the new features and sub-features that we've added to our farm management software over the last month. We focus this webinar on Harvest Profit's recent integration with John Deere Operations Center.
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