Setting Risk Management Goals for Your Farm Business
There are four strategies that can be pursued to help manage farm business risks.
Articles
Counselors have a place in agriculture
Understanding what mental health is, the stigma around it, and the benefits of counseling and other resources available can help you decide if it is right for you.
Evaluating a Farmer’s Risk Tolerance
Understanding how a farmer’s own risk preferences and that of others affect the risk management decisions made for the farm business is important.
Measuring Price Risk for Your Farm Business
Let’s look at the concept of price risk with an example of the average monthly corn prices in the United States.
Identifying the components and sources of risk on the farm
The greater the uncertainty, the greater the risk.
The more likely a negative factor will occur, the greater the risk potential.
Creating Career Paths For Your Farm Employees
Creating career paths, or “career pathing” is the process of aligning opportunities for employee career growth with organizational talent priorities.
Finding the right people
Effective recruiting plans should be a critical part of your business model as you seek out key talent to help your business grow.
Finding the formula for success
Understanding the formula for success can provide a road map to achieving our purpose which brings us peace of mind and that desired sense of contentedness.
A Brief History of Crop Insurance
The Federal Crop Insurance Program (FCIP) provides insurance coverage for the production of most U.S. agricultural commodities against financial losses caused by adverse growing and market conditions.
A Brief History of Grain Markets
Grain markets have been noted in history as early as during the Roman Empire.
Permits, licenses, and labels
Take the next step by connecting with a licensing and permitting organization such as: Additional Resources
Five tools to address stress
Stress management is an essential business skill in today’s agriculture. As a farmer, you have a responsibility to maintain your mental and physical health just like you have a responsibility to maintain your farm equipment.
Take a systems approach to people-management on your farm
A system is a series of interconnected parts that drive an organization forward. A “systems approach” to human resources management on your farm considers the interconnectedness of all the efforts you’ve made to make your farm a great place to work. It includes every aspect of the employee life-cycle, from the first time a prospective […]
Benefits of Sleep for Mental and Physical Wellbeing
Have you noticed feeling more irritable or less able to think clearly and concentrate after a night of bad sleep? You’re not alone. Sleep is as essential to your overall health as food and water are. Experience has probably shown us how essential good sleep is for how well our brains and bodies work the […]
What’s next for the family farm: Resources help when making decisions
Farm succession planning has a lot of technical components that require accountants, consultants, tax specialists, and attorneys to figure out how and when the transition will happen. Read how Extension helped this family farm successfully transition to the next generation of owners.
2024 Dairy Margin Coverage: Enrollment and Policy Updates
Dairy producers need to stay informed about the latest developments of the Dairy Margin Coverage (DMC) program so that they can make timely and informed decisions for their operations.
February is Heart Health Month — Achieve a Happy Heart!
Stress is everywhere. It’s a part of life, from breakdowns, financial struggles, the weather, relationship issues, and isolation that often lead to stress. Stress can become problematic when it makes us feel overwhelmed or continues for a long time.
Wisconsin Agricultural Land Prices 2023
This report provides a statewide overview of agricultural land values across Wisconsin based on a statistical analysis of actual sales and now includes the weighted average price of agricultural land sold in Wisconsin.
