Hannah Mann
๐ค SpeakerAppearances Over Time
Podcast Appearances
This is how much money we think we can make.
These are our break-evens based on what we have land leases for, owned land or whatever.
Last time we saw this cyclical in the cow market where corn is down, cows are up.
there was people running stockers and pairs on irrigated grass, right?
When corn prices are down, that's what we saw last time.
And so I think a proactive approach just really gets your head around, okay, what could we do?
Because to your point, if you aren't farming for profit, you won't be farming for long.
Yeah.
So Ambrook has a couple of features right now.
And I want to start by saying that they don't need to be good at accounting or understand how financial statements work to get started.
You know, Ambrook has a great education library.
I've popped into it a couple of times just to see what they're producing.
And they do a great way of explaining balance sheets.
They have a great way of explaining like current ratio, right?
Your current assets over your current liabilities to get that current ratio.
And they have suggestions like they say, hey, from University of Minnesota's farm playbook, this should be a two.
If this isn't a two, you might have liquidity problems, which means.
Yeah.
Yeah.
And so I really think they have a very holistic approach of this wasn't built for accountants.