Stay on track to beat your best, part one

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Just as an athlete keeps track of his or her personal bests—fastest time, earned run average, highest score in a single game, passing yards thrown, etc.—and constantly strives to top it, a farmer can do the same...but only if you know which statistics to track. When you set up and track the correct metrics around the operation's efficiency, you can discover the trajectory of the farm, helping you understand whether you're moving toward bettering your best.

Water Street CEO Darren Frye begins exploring this idea in his Finance First post for the week at FarmFutures.com