Business & Economy Trends
Price Received is Not the Issue
February 3, 2012
By Dr. David M. Kohl
Price Received is Not the Issue The other day during a question-and-answer session in Rochester, MN, a producer asked another speaker and me if he should sell his grain. A similar question was raised by a dairyman at a seminar a week later who was concerned about what the milk price was going to be for the next year. In many cases, the issue is not the price received for the agricultural output. Yes, price received is an important variable, but one needs to also examine the other side...
Past Articles
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Peer Benchmarking Financials
January 27, 2012
By Dr. David M. Kohl
Peer Benchmarking Financials The other day my globetrotting educational event was almost in my backyard, conducted with my business partner in the creamery and dairy farm. The two-day event...
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Progression of Risk
January 20, 2012
By Dr. David M. Kohl
Progression of Risk The year 2012 will be an exciting time for agriculture. While the opportunities will be immense, the wild world of global economics will make the stakes higher, requiring...
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Goal Setting 2012
January 13, 2012
By Dr. David M. Kohl
Goal Setting 2012 During these dark winter days, take some time to start the year off right by setting goals for your business, family and personal endeavors. Establishing a few simple goals...
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Kickoff 2012
January 6, 2012
By Dr. David M. Kohl
Kickoff 2012 Now that we are entering the second year of the second decade of the 21st Century, what does one have to keep on the radar screen concerning the business and economics of agriculture?...
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2011 Year in Review
December 23, 2011
By Dr. David M. Kohl
2011 Year in Review 2011 has been an interesting year in many ways. After 200,000 miles of air travel, 75 plus Hertz rental car trips, and traveling in 39 states and five Canadian provinces...
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The Undisciplined Pursuit of More
December 16, 2011
By Dr. David M. Kohl
The Undisciplined Pursuit of More There is an old saying that success in business involves staying out of the undisciplined pursuit of more. Let's explore this topic both relating to business...
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Dairy Perspectives
December 9, 2011
By Dr. David M. Kohl
Dairy Perspectives The 59th ABA National Agricultural Bankers Conference in Indianapolis, Indiana held an early-bird session on the topic of dairy last week. The event was attended by many...
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Who Moved My Cheese?
December 2, 2011
By Dr. David M. Kohl
Who Moved My Cheese? Recently, my globe-trotting travels took me north to Montral, Qubec. It is interesting that, like the United States, Canadian grain operations are feeling optimistic while...
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Pre-Planning for Strategic Planning
November 25, 2011
By Dr. David M. Kohl
Pre-Planning for Strategic Planning My work as a facilitator for strategic planning with various groups has been a very rewarding endeavor. In my experience, conducting strategic planning and...
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Caution for Young Farmers and Ranchers
November 18, 2011
By Dr. David M. Kohl
Caution for Young Farmers and Ranchers Last week, I took a trip to the Northwest for this year's A Day with Dave series. I had so much fun speaking to and interacting with a group of farmers and...
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