Getting Started In Ag: Dealing With Inflation and Supply Chain Disruptions

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OPERATORS just starting out in agriculture may be unaware of the many ways inflation can sap the profitability of a business, how to properly quantify its effects or strategies for dealing with it.

The Covid-19 pandemic caused many disruptions, one of the more serious may be inflation. Virtually everyone involved in production agriculture is dealing with the effects of inflation at present. In addition, indications are that it may be with us for a considerable time. Supply chain disruptions and inflation are often interconnected. For example, manufacturing disruptions that have come about due to Covid or other issues, have reduced supply and led to increasing prices.

Getting Started In Ag: Comparing Tillage Systems

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WYOMING comes with a unique set of challenges.

GROWING SEASONS can be tough and are often short; weather extremes can be intense; precipitation can be hard to come by; and the wind can be brutal. Discovering what options are available or which work best can be tough, especially for those just getting started in agriculture. The type of tillage system selected and how well it is implemented can mean the difference between success and failure. Past articles have offered insights into various forms of risk management, including production risk, financial risk, human risk, and more. Have you ever considered that adopting the correct tillage system could act as a form of risk management?