No margin no mission – by Terry Betker
No margin no mission I’m sure you will have read something in the past that defines the vision and mission of a business, including farms. At the risk of repetition, I’m going to summarize. A vision describes the future state of the farm. It provides insight to the...
Consequences to price spikes – by Terry Betker
Consequences to price spikes What are your thoughts about the existence of a commodities supercycle? Whether we’re in one or not is open for debate. From some of the reading I’ve done, even economists aren’t all of the same opinion about the presence of a supercycle....
Have we been here before? – by Terry Betker
Have we been here before? I’d like to pose a question. Yogi Berra, famous New York Yankees catcher, is credited with saying “It’s like déjà vu all over again”. He had dozens and dozens of sayings that were funny but provided some meaningful life lessons at the same...
How do you and debt get along? – by Terry Betker
How do you and debt get along? Is your goal to be debt free? Do you think of debt as being a necessary evil? Any answer will be very much a function of personal opinion – with no ‘wrong’ answers. I regularly talk to people who would very much like to be out of debt....