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Navigate grain market volatility with price and trading tools in MyFarm

The current volatility of global markets and commodity prices is well documented; in recent weeks, there have been price swings that have never been experienced before. While it makes for some interesting market behaviours, knowing when to react in terms of buying and selling can be a challenge, particularly when prices are changing in a matter of minutes.

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Opportunities to make soil sampling pay

With a bullish global fertiliser market pushing prices up as we approach the new season, the importance of soil sampling to help optimise inputs is arguably greater than ever before. When you combine this with the recent Sustainable Farming Incentive (SFI) release stating growers can be financially rewarded for monitoring and improving soil health, it's not surprising to learn that sampling is becoming a greater priority.

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Getting direction from your maps

​As we head into another harvest, it's important to get your bearings and plan your route ahead for the next and following cropping years. The concept of 'mapping your future' isn't new to everyone, but it has grown in significance following recent announcements about the Environment Land Management (ELM) scheme and the Sustainable Farming Incentive (SFI). In fact, specific 'standards' or 'land management actions' have been highlighted as a key part of the SFI and monitoring activity and results is central to the scheme.

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Understand your farm's profitability with margin maps

With an increased focus on farm finances, I am finding that there is a greater drive from our customers to combine some of the data routinely collected through precision farming to get a better insight into farm profitability.

Our margin map tool uses yield data and simple costs to produce financial performance maps that not only provide a field average, but also show the spatial variation in profitability. By including yield data and costs for multiple years, you can easily analyse financial performance across your whole rotation instead of just year by year.

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Are you making the most of biomass imagery?

Unlike some of the advances in precision farming, biomass imagery doesn't require specialist or expensive equipment. In fact all that's really needed is a computer and a desire to discover some information that could be of value to your farm business.

Surprisingly, however, there are a number of farmers who are not fully utilising biomass imagery and its benefits – but why the reluctance?

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How did you start 2020?

At this point of the year, I find that New Year's resolutions tend to have gone one of three ways. They are either still going strong (well done if that's you), have merely been forgotten about, or have fallen at the wayside because although you tried, one small blip meant you had to shelve it for next year so you can try again.

While I'm often in the group who start with the best of intentions but don't quite see them through, there is one 'resolution' that I simply haven't been able to ignore: adapting to change.

This year, food production is under pressure from many different angles and regardless of your view on the validity of change, we can be certain that UK agriculture will need to adjust in order to survive and thrive

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'Precision conservation'

'Precision conservation' is a relatively new phrase within our collective businesses and, as such, it is right to ask the question: What does it actually refer to?

For most, 'precision' and 'conservation' are two words not immediately associated with one another. In an agricultural context, 'conservation' can have us thinking wistfully of tussocky field corners and snaking wildflower margins. Of course, when you really think about it, the location of these features is never by accident. Some planning is always involved and that's when the link between the two words becomes clearer.

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What value can MySOYL bring to your farm business?

In my role as MySOYL Business Lead, I regularly talk to customers who are looking to find new technology to make their farms more efficient and profitable. In these conversations, one of the most common questions I get asked is "What is MySOYL and how can it help me?" For those of you wondering the same, I thought I'd use this blog to answer this q...

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Using MyAccount - what if you're not a 'techie'?

Digital innovation, new technology and the million reasons why I have been doing everything wrong for the last 30 years seem to be everywhere at the moment. The press is full of stories about technology that promises me robots and self-driving tractors, as well as predictions of when my crops will next be under attack by everything from septoria to...

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What is MyFarm?

​While some of our customers are already familiar with our farm management platform, MyFarm, a recent upgrade has led to some exciting developments to its applications and overall functionality. Free to all Frontier customers, the latest version has been designed as a result of farmer-feedback. The platform now provides a one-stop shop to manage ev...

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