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Successful Farming

Successful Farming September 2019

Successful Farming magazine serves the diverse business, production, and family information needs of families who make farming and ranching their business. Get Successful Farming digital magazine subscription today and learn how to make money, save time, and grow your satisfaction in the farming business. True to its name, Successful Farming magazine is all about success. Every issue is packed with ideas readers can take right to the field, barn, shop, and office to increase their profit and to position their farming business for growth and success in the competitive and global industry of agriculture.

United States
Meredith Corporation
Read More
13 Issues

In this issue

2 min.
across the editor’s desk®

CAN WE TALK? Topics are relevant for agriculture today. Before you fire off an email to my in-box (david.kurns@meredith.com) or leave me an angry voice mail, read our cover story, "Can We Talk About Pot?," on page 34. Over the past seven years that I have been choosing the editorial stories we feature in Successful Farming magazine, I occasionally get criticized for elevating a topic so visibly. It comes with the territory. (See two choices I had for September designs at right.) Knowing how sensitive readers are to topics such as hemp and marijuana, I was very deliberate in choosing this story. Articles on how to grow hemp, for example, have been well read in the magazine and on our website, Agriculture.com. I chose this issue’s cover story for two key reasons: • Marijuana…

2 min.
successful farming

Editorial Successful Farming Magazine, 1716 Locust Street/LS257, Des Moines, IA 50309-3023 | Email: adminsf@meredith.com Editorial Content Director Dave Kurns Art & Production Creative Director Matt Strelecki Copy & Production Manager Janis Gandy News & Business Executive Editor Betsy Freese Marketing Editor Mike McGinnis Digital Content Manager Natalina Sents Machinery Executive Editor Dave Mowitz Content Editor Paula Barbour Ag Technology Executive Editor Laurie Bedord Agronomy & Technology Editor Megan Vollstedt Crops Executive Editor Gil Gullickson Crops Editor Bill Spiegel Family Family & Farmstead Editor Lisa Foust Prater Audio & Video Multimedia Editor Jodi Henke Senior Producer & Custom Solutions David Ekstrom Editorial Office Coordinator Diana Weesner Contributing Editors Gene Johnston, Al Kluis, Dan Looker, Cheryl Tevis, John Walter Publishing Administration / Advertising Sales Sales & Marketing Director Marty Wolske National Account Executives Tyler Smith, Tom Hosack, Ali Peltier Regional Account Executives Brian Keane, Collin Coughlon Director of Digital Strategy Jessie Scott Digital Services Manager Alyssa Dixon Digital Campaign Specialist Jana Timmerman Customer Insights Analyst…

1 min.
successful farming@agriculture.com

Hot Topics Don’t miss out on what farmers are reading on Agriculture.com. Harvest Maps Check out the crop progress reports for harvest at Agriculture.com/crops/progress-maps What Farmers Need to Know About Growing Hemp Agriculture.com/hemp Join the Soil Health Revolution Agriculture.com/joinsoilhealth Meet the Man Who Built the Modern Pig Business Agriculture.com/murphy Montana Ranchers Can Now Get Paid to Sequester Carbon Using Rotational Grazing Practices Agriculture.com/montana Call the Vet! Rural Veterinary Medicine Is Struggling Agriculture.com/vet USDA Identifies Two Monsanto Strains in Rogue GMO Wheat in Washington State Agriculture.com/rogue What Farmers Can Expect From the Latest Round of Seed Company Mergers Agriculture.com/mergers 8 Reasons Why the Livestock Industry is on a Roll Agriculture.com/livestockboom Minnesota Cooperative Falls Prey to its General Manager Agriculture.com/ashby Yes, Herbicides Can Control 4-Foot-High Marestail, But… Agriculture.com/marestail STAY CONNECTED: Successful Farming @SuccessfulFarm successful_farming successfulfarm…

1 min.
they said it

“The most common reaction we see is disbelief.”Check out an unbelievable goat tower, p. 58“Expect 2020 to be a lot better than 2019, especially for soybean and cotton farmers.”Glimpse into future farm profits, p. 22“We saw a bunch of security guards walking around, so we knew we were in the right spot.”Let’s talk about pot, p. 34“THE ULTIMATE MODEL IS TO OFFER A YIELD GUARANTEE THAT ENSURES THE FARMER ALWAYS GETS PAID.”Do you understand outcome-based pricing? p. 40“Farm families who succeed at developing profitable value-added ventures share common keys to success.”Master those keys, p. 20“The whole reason you are buying used is to SAVE MONEY.”Stretch your dollar, p. 50“Disease management is all about being proactive.”Be proactive, p. 45…

4 min.
holding steady

Farm income and commodity prices have been in a slump since the commodity boom collapsed early this decade, yet cropland values are little changed at an average $4,100 an acre nationwide. Stable land values could be a financial cushion in the months ahead with ag bankers expecting farm income to weaken into the fall. The Trump administration’s offer of up to $14.5 billion in trade-loss payments on this year’s production will bolster the sector, says the Kansas City Federal Reserve Bank. Analysts say low interest rates and the relatively small amount of land on the market are factors in stable prices. “Net cash income has been near inflation-adjusted averages,” says former USDA Chief Economist Joe Glauber. Add to that, he says, “is the fact that farmers and other investors continue to…

4 min.
eric hansotia

Eric Hansotia leads AGCO with more than 25 years of experience in the agricultural equipment industry. Growing up in Wisconsin and working on his neighbor’s dairy farm gave Hansotia hands-on experience. Some of his first leadership roles came through youth ag organizations. SF: AGCO is different in the number of brands it maintains compared with several other full-line machinery companies. Explain. EH: There are different customer groups that have different requirements out of their machines and out of the experience they want. With multiple brands, AGCO can target those segments specifically. One brand can go after segment A and another after segment B. We’re really calibrating both the machinery as well as the overall support and buying experience specific to them. It’s an advantage we have that some of our competitors don’t have,…