Roll with the changes in farming

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Change has always been a part of farming's rich tradition, as new innovations in technology have repeatedly made big impacts on machinery and inputs over the industry's vast history. Farms which have grown over the past decade or two with that change have found that their larger operations now require larger decisions to be made. It's become more prudent to run today's farm as a business because of these big decisions.

A leader on today's farm will find great value in running the operation like a CEO, engaging in solid, forward-looking business plans to keep things running well into the future. As change keeps happening, it's important for farm leaders to step back and assess how they themselves respond to change. The operation's response to change will typically follow their lead.

Darren Frye addresses this issue in the latest installment of his Finance First blog at FarmFutures.com. Click here to read more.