As part of the data science team here at Granular, I recently had the opportunity to convene a session on advances in agriculture at the largest earth sciences conference in the world, hosted by the American Geophysical Union (AGU). This conference brought more than 20,000 scientists from a multitude of disciplines together to discuss the […]
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This spring has certainly been one for the history books. Between the flooding and excessive rainfall that eastern parts of Canada have experienced and the lack of rainfall in the west, it’s been a frustrating year in farming for those who depend on Mother Nature to be a decent business partner. When you add in […]
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When it comes to managing the wealth of information that comes with farming every year, many in ag have been using Excel spreadsheets for decades. However, with the increasing complexities of farming, dynamic decisions are required —and numbers are continually changing. And so the question becomes: can you make the best decisions for your operation […]
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Staying on top of your crew’s work is a constant task, so you probably have a good idea for how to best plan your crew’s work. But if you want to grow or scale your farm in the most efficient manner, equipping your crew for high performance is key. Kasey and Heath took time out […]
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The most effective farm organizations use data to organize their production plans and make financially-driven decisions. There are common variables to consider when making these decisions that often include land costs, seed variety, fertilizers, and chemicals. Does your data help you make decisions based on the profitability of those variables? How much does your variety […]
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“Financial analysis” can be associated with a wide range of reports, terms, and metrics: income statement, P&L, break-even analysis, cash position, or net profit to name a few. While these are important indicators of your farm’s financial health, the best business decisions are supported by the right slice of data at the right time, analyzed […]
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For years, Wall Street traders have used sophisticated models to measure market risk. They’re buying and selling based on this data, and billions are on the line – they’re confident in the math behind these models. The USDA uses similar models to price insurance. Can the same techniques be used to help determine your chance […]
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With another historically tough year ahead for farmers, it is worth spending some time looking at one of the most important financial decisions farms will make for 2017: which crops to grow. A lot of factors go into this decision: crop rotations, landowner agreements, and in particular, financial projections. In a previous post, we looked […]
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