Where do you turn to improve profitability on your farm? A business has five major “levers” they can pull to be more profitable, said Purdue University’s Brady Brewer during the Professional...
Cost-cutting should always start with the largest expense areas, and on dairies, that’s feed. Reducing expenses in this area has become more complex, though, as the inputs for growing and purchasing...
I had an actual conversation with Microsoft Bing’s new A.I. . . . as in artificial intelligence . . . chatbot this morning. After so much press about this new A.I. tool’s usefulness to regular...
Preserving margins has become the goal of many feed programs in the last several months. Although that’s always been an objective on farms, a heightened focus has fallen on feed ingredient inclusion
Land prices in the “Big I” states of Iowa, Illinois, and Indiana began to moderate between the first and second quarter of 2022 as Illinois held steady, Indiana rose 1%, and Iowa gained 4%
Consumers of goods — a group that includes all Americans — are paying more for everything right now. The Consumer Price Index (CPI) rose another 1.3% in June after climbing 1% in May
The author is a professor emeritus at University of Illinois, Urbana.Questions are arriving from around the globe, inquiring about strategies to reduce feed costs given $7 to $8 per bushel corn and so
The price of milk is in a race with the price of feed as both continue to climb in 2022. A higher milk price is welcomed by farmers, but profits are cut short
Steel prices had been falling this year.Then Russia invaded Ukraine and created upheaval in pig iron markets as values for this important ingredient to manufacture finished steel
There’s never a great time to have business costs of just about every kind rising, but if pandemic recovery, record inflation, and a war were going to force prices for farm inputs up
Feed costs — Ten opportunities for savingspresented by: Mike Hutjens, University of Illinoissponsored by: Kuhn Feed represents over 50% of total milk production costs. With higher fertili