If money would solve the problem, then money is not the problem. How many times while running a farm, ranch, ag business do farmers find themselves trying to base decisions on throwing more money after bad decisions that lead them there in the first place? For many family farmers and ranchers, decisions can get made based on current market conditions for years out on the future, and if these decisions are based on conditions that aren't guaranteed to be as favorable in the future, this could lead to a critical mistake or series of unfortunate events on the farm. There is one set of actions farmers can take to avoid this, and it has everything to do with mapping out the details and knowing all of their numbers. Watch today's episode of Farmer Principles to learn more. Loving the farm life stories? Watch our documentary "Saving the American Farmer" : https://www.youtube.com/watch?v=77dmDoEwF3U We've analyzed over 300 family farms financial data and figured out the top three things successful farmers and ranchers are doing that others aren't, learn about those here: https://www.youtube.com/watch?v=7neUNSTZLJY There are also three mistakes most farmer operations are making that have dire ripple effects on the family business, especially for the kids taking over the operation later on, make sure you're avoiding them: https://www.youtube.com/watch?v=O6gT69KTwBU Ready to take the next step and get your farm on the fast track to growth? Check out our programs here: https://www.legacyfarmer.org/programs-yt #Farming #Ranching #Agriculture #Yield #Crops #Wheat #Combine #Corn #Cattle #Agribusiness