What Makes a Good Farm Manager?
06/08/2023
In a recent posting on Farm Journal’s AgWeb site, Jenna Hoffman reviewed information from a Purdue University study that provided key insights into the traits of a good farm manager. The demands on farm managers continue to grow, and working with family makes the responsibilities even more complex.
Purdue identified three areas that producers need to focus on when selecting a farm manager or assessing their own farm management skills. The skills include knowledge, experience and collaboration.
Knowledge in the areas of sourcing inputs, identifying input price factors, recognizing supply limitations and market disruptions, and diversifying the buying pool are essential to the business’s success.
The Experience of established producers provides advantages over producers who are new to the industry. Newer managers or operations with limited experience will have inherently higher costs than experienced operators.
Purdue looks at two types of Collaboration for producers to consider—Peer and Competitor. Each provides unique information and experience that can benefit any operation. Managers need to accept that they don’t know everything, and that no one can. Accepting input and constructive criticism from those with different backgrounds, knowledge and experience is essential for success in this business environment.
For the full article go to: https://www.agweb.com/news/crops/crop-production/what-makes-good-farm-manager
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This article and the information provided are the personal opinion and perspective of the author and may or may not be consistent with those of other ASAC Members. ASAC as an organization does not endorse any products nor advocate positions on issues.
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Source:
Jenna Hoffman
Farm Journal/AgWeb
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Author:
Don Tyler
ASAC Board Member
Tyler & Associates
In a recent posting on Farm Journal’s AgWeb site, Jenna Hoffman reviewed information from a Purdue University study that provided key insights into the traits of a good farm manager. The demands on farm managers continue to grow, and working with family makes the responsibilities even more complex.
Purdue identified three areas that producers need to focus on when selecting a farm manager or assessing their own farm management skills. The skills include knowledge, experience and collaboration.
Knowledge in the areas of sourcing inputs, identifying input price factors, recognizing supply limitations and market disruptions, and diversifying the buying pool are essential to the business’s success.
The Experience of established producers provides advantages over producers who are new to the industry. Newer managers or operations with limited experience will have inherently higher costs than experienced operators.
Purdue looks at two types of Collaboration for producers to consider—Peer and Competitor. Each provides unique information and experience that can benefit any operation. Managers need to accept that they don’t know everything, and that no one can. Accepting input and constructive criticism from those with different backgrounds, knowledge and experience is essential for success in this business environment.
For the full article go to: https://www.agweb.com/news/crops/crop-production/what-makes-good-farm-manager
= = = = = =
This article and the information provided are the personal opinion and perspective of the author and may or may not be consistent with those of other ASAC Members. ASAC as an organization does not endorse any products nor advocate positions on issues.
= = = = =
Source:
Jenna Hoffman
Farm Journal/AgWeb
= = = = =
Author:
Don Tyler
ASAC Board Member
Tyler & Associates
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