Farm Futures logo

Doing this can help build more agility, flexibility into your farm operation.

Darren Frye, CEO

March 28, 2022

3 Min Read
planting Minnesota field
Getty/iStockphoto

If you’re a farm leader gearing up for planting season, you know there can be a lot of questions going into this time of year. There are always questions about what weather will be like. Will the crop get in the ground quickly or will the season be more drawn-out? Will there be too much rain – or not enough?

It’s true that there are certain things that aren’t in our control– like the weather – but as farm leaders, there are other things that are in our control. And a lot of that has to do with planning and preparing for the spring season.

Many preparations for planting are already complete, and some might still be in progress. Here’s one more thing to prepare as a leader: a mindset of anticipation.

Pivot power

What does it mean to anticipate when it comes to planting season on the farm? The main thing it can mean for you and for your operation is the ability to pivot more quickly when a curveball happens.

Taking a mindset of anticipation involves thinking ahead of time about the main things that could impact your operation’s ability to achieve an optimal spring season. It doesn’t mean trying to figure out every little scenario – which would be impossible – but it does mean taking some time to intentionally think about the major, most likely things that could throw plans off, unique to your operation.

Doing this now gives you a chance before the busy seasons kicks into gear to make alternative plans and to know what you’d do if one of those scenarios happened. And if something “different” happens – whether you’ve thought about it specifically or not – your mind is already more flexible. That’s because you’ve already gone through the exercise of thinking in an agile way.

Try it out

Here are a couple ways to think about this for your farm operation.

  • Consider curveballs. What are the things most likely to happen that would cause our farm to need to shift and change our plans this spring? No need to list out every single thing – just get the top, major ones down on paper or screen.

  • Create alternative plans. What will your Plans B, C, D, E and so on look like? The more important the objective, the more that having multiple alternative plans will help you – and help ease your mind, too.

  • Find more flexibility. Try to think of ways to build more flexibility into your farm’s spring plans from the start. This means creating agility around all aspects of your farm, including your “Plan A” ideal scenarios. Doing that will increase your operation’s chances of being successful.

Markets in the spring

Just because farms are busy with planting in the spring doesn’t mean the grain markets stop moving. This spring, the commodity markets seem to be more volatile than ever due to a combination of factors.

If you’re a busy farm leader who’s even busier in the spring, consider working with our team of market advisors. They help farmer clients with planning and execution around marketing decisions and help keep them up to speed on the rapidly-changing grain market situation – and how it impacts their operation.

Get a free two-week trial of our marketing information service (MarketView Basic). Your free trial includes regular audio and video updates, technical analysis, recommendations and more. Or learn more about our market advisor programs and offerings at www.waterstreetconsulting.com.

The opinions of the author are not necessarily those of Farm Futures or Farm Progress. 

About the Author(s)

Darren Frye

CEO, Water Street Solutions

Darren Frye grew up on an innovative, integrated Illinois farm. He began trading commodities in 1982 and started his first business in 1987, specializing in fertilizer distribution and crop consulting. In 1994 he started a consulting business, Water Street Solutions to help Midwest farmers become more successful through financial analysis, crop insurance, marketing consulting and legacy planning. The mission of Finance First is to get you to look at spreadsheets and see opportunity, to see your business for what it can be, and to help you build your agricultural legacy.

Visit Water Street Solutions

Subscribe to receive top agriculture news
Be informed daily with these free e-newsletters

You May Also Like