Allaster Dallas (FCG Midwest)

I have read many articles on the economic outlook for 2025, and I have felt the overall message has been, “Let’s wait and see.” While there are lots of ifs, buts, and maybes, the overall outlook seems flat.

Whilst the article isn’t about the difference between politicians and businessmen, it does highlight the importance of focusing on potential.  If you set the potential lower than it could be, is there a danger that the potential is wasted?

I would say that in the last few years, we have been very cost-focused.  Is it time now to look at the enterprise’s potential and find ways to maximise its income potential?

understanding how to target the right resource at the right time will make all the difference in maximising the potential.  To do this, start with the potential of what results are being achieved historically.  Sold output is often measured for obvious reasons, but some volumes are estimated, for example, forage yields.  Even though these are often drivers for profitable livestock enterprises.  Some aren’t factored in at all.  Did the last piece of equipment you invested in really give the farm a return on capital or were the costs of doing work the same?

Contact Allaster at allasterdallas@fcgagric.com or your local FCG Office, to help unlock your business potential to enable you to achieve your business and personal aims.  Don’t wait for change, make it happen with confidence.