Items by Lauren Omer Turley | KFBM Area Extension Specialist
What Do Higher Profit Farms in Kentucky Have in Common?
By Lauren Omer Turley | KFBM Area Extension Specialist
Published on Aug. 29, 2023
In today’s farming culture, the farm is run just as a business. It is important for producers to make progress and always look for ways to improve the operation. The goal of most producers is to be at the top of the profitability curve in order to stay competitive. In Kentucky, we have had a record three-year period from 2020 t
Historical Farm Income and Expenses
By Lauren Omer Turley | KFBM Area Extension Specialist
Published on Jul. 29, 2022
Agriculture seems to be on a roller coaster recently with the volatile commodity markets, energy costs, and the tough summer weather. Looking back over the last ten years, grain farmers have seen a wide range of commodity prices and yields. There has been much more variance on the income side than the costs per acre. It is inte
Characteristics of Higher Profit Farms
By Lauren Omer Turley | KFBM Area Extension Specialist
Published on Aug. 31, 2021
In today’s farming culture, the goal of most producers is to be at the top of the profitability curve in order to stay competitive. A period of lower commodity prices led to tight margins and producers had to work on being as efficient as possible to maximize returns.
Managing Risk with Insurance
By Lauren Omer Turley | KFBM Area Extension Specialist
Published on Aug. 25, 2020
With all of the uncertainties we face in agriculture today, it is important to manage risk. We can’t control the markets, the weather, or the dangers of working in agriculture, but there are tools that can help manage those risks. Insurance is one of the tools that can be used in various manners.