Risk Management

The Importance of Record Keeping

Record keeping is a topic few producers care to discuss or do. It can be time consuming and take valuable time away from field work. However, it is becoming a critical task in production agriculture.

Conducting a SWOT Analysis

A SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) is a process that can help you, and your team, get insights into the past and think of possible solutions to existing or potential problems for your business.

Direct Marketing of Your Production and Products

Direct marketing is easily defined as marketing your products directly to the end consumer thus eliminating the “middle man.” A more accurate definition may be marketing all or a portion of your production or commodity directly to someone who uses that product for themselves in some form.

Diversification of Your Operation, Why

If you are only engaged in one enterprise (growing corn for example) and have a crop failure, it will be more devastating than if you grew more crops. By diversifying, you are spreading the downside risk over more than one enterprise.

Record Keeping as a Form of Risk Management

Record keeping is becoming a critical task in production agriculture.

Designing Forage Production and Purchase Contracts

This presentation is built around an analysis of typical issues and problems that livestock and forage producers face in their dealings with each other as buyers and sellers of forages for livestock.