Maya Angelou’s words ring true: “You can’t really know where you’re going until you know where you have been.” It’s a truth that applies as much to life as it does to farmers navigating today’s uncertain economy.
In a time when agriculture faces more volatility than ever — shifting markets, rising costs, and unpredictable conditions — knowing exactly where you stand is the first step toward navigating what comes next.
“The operations that succeed through challenging times are the ones that measure, plan, and adapt,” says Thomas Eatherly, Pinion farm business management lead advisor. “A clear picture of your performance and progress will give you the confidence you need to make smart business decisions tomorrow.”
With 2025 nearly behind us, it’s natural to look ahead. But taking a moment to reflect on the past is equally important and provides a critical benchmark for planning the path forward.
Here are five practical tips to help you prepare your business for success in 2026 and beyond:
1. Take Stock of Your Financial Health
Start with a thorough review of your balance sheet, cash flow, and key operational metrics. Understanding which areas are performing well — and which need attention — allows you to allocate resources effectively and minimize surprises.
2. Evaluate Your Operational Landscape
Look beyond the numbers. Assess your supply chain, labor availability, and market conditions. Regularly reviewing these factors helps you anticipate challenges, identify opportunities, and better understand your overall risk exposure.
3. Plan Strategically for Change
Agriculture faces ongoing volatility, from fluctuating markets to weather events and evolving regulations. Develop a strategic plan that sets measurable goals, prioritizes flexibility, and accounts for potential disruptions. Consider diversifying crops, exploring new markets, or investing in technology to improve efficiency and reduce risk.
4. Monitor and Adjust
Having a plan is only the beginning. Periodically track your progress, revisit your goals, and adjust as conditions change. This proactive approach ensures your business remains resilient and adaptable in an unpredictable economy.
5. Leverage Insight Tools
Turning data into actionable insights is key. Tools like Pinion’s SnapShot provide a clear view of your operation’s performance compared to industry benchmarks. Subtle but powerful, these insights help you identify opportunities, monitor trends, and make informed decisions to guide your next steps.
Clarity Now Equals Confidence Ahead
Thriving in today’s ag economy requires reflection, strategy, and insight. By understanding where you are and acting on it, you position your business to navigate challenges, seize opportunities, and grow sustainably. Taking the time to assess today sets the foundation for success tomorrow.
Contact a Pinion ag advisor today to evaluate where your operation stands and start building your 2026 game plan.
