Taxes and Finance
Plastic-based products and materials are in short supply as rising costs also deliver sticker shock on many farm supply products. From demand to production shortages at plants, the problem first popped up last summer.
Stephanie Kelton’s introduction is not great writing or fully explanatory, but it is the best guide to real-world fiscal and monetary policy today I have read.
Global commodity prices are expected to stay firm around current levels in 2021 after recovering in the first quarter buoyed by strong economic growth, the World Bank said on Tuesday.
Paul Neiffer says the most drastic part of the STEP Act is it applies to all transfers after Dec. 31, 2020.
Learn a few tools that have helped many leaders make more effective decisions.
How can you be your banker’s best customer? What trends are emerging in ag lending? What financial metrics should you be analyzing?
This year, focus on what you can control, rather than letting external factors dictate your view of possibility.
Around 90% of New Year’s resolutions fail. Why? Goals aren’t typically sized right.
The COVID-19 forced more Americans to stay home. As a result, consumers opted to get a new pet, and that domestic and international pet food demand is showing up for sorghum producers.
New data shows just how critical the U.S. food and agriculture sector is to the U.S. economy. A new “Feeding the Economy” report found the food and agriculture sector contributes $7 trillion to the nation’s economy.
The restaurant industry appears to be on the rebound following the pandemic with more restaurants reporting a surge in demand, but trends also show more consumers may be moving out of urban areas.
As farmers enter into a new accounting year, it may be time to adjust accounting methods on your farm or ranch. Paul Neiffer says when it comes to accounting, a switch from cash to accrual may be beneficial.
World food prices rose for a 10th consecutive month in March, hitting their highest level since June 2014, led by jumps in vegetable oils, meat and dairy indices, the United Nations food agency said on Thursday.
As the 2021 bull market continues, it’s leading to a growing level of optimism from farmers. The latest Ag Economy Barometer from Purdue University/CME group shows farmer sentiments rose to 177 this month.
A U.S. Farm Report viewer had a comment about a socialism, and so John Phipps is digging into the basics of socialism today.
As farmers farm for ROI, equipment purchases aren’t always a yearly decision, but one ag lender says there are things farmer can do to ensure equipment purchases add to a farm’s balance sheet, versus extract profits.
Are the roaring twenties back? John Phipps breaks down the economics at play in 2021.
Problems at ports are magnifying a surge in container shipping costs. And those costs are now showing up as farmers and ranchers source farming supplies.
Farm Credit Mid-America returns a record $200 million to eligible customers this month. Watch to learn more.
Time is running out to apply for the Paycheck Protection Program.
The Rural Mainstreet Index for March soared to a record-high 71.9. March represents the fifth time in the past six months the index climbed above growth neutral.
Top Nationwide agents point out the gaps so you can fill them.
A look at startups creating field-to-market systems.
Regardless of the farm economy, it’s important to live within your means.
This month, Farm Credit Mid-America will return $200 million in patronage to eligible customers across Indiana, Ohio, Kentucky and Tennessee.
Modern business deals have made contracts more dynamic and complex than ever before.
Loading and unloading farm equipment is a dangerous process that requires great attention to complete safely
Having a business continuity program in place is key to maintaining minimum operations and reduce recovery time during a business disruption.
Dan Kelley uses an iceberg analogy for insurance coverage, and it goes like this: “The loss you see from an event is just the tip of the iceberg, but maybe 80% to 85% is underwater.
Several things are contributing to the drop in net income including higher expected production expenses such the costs of feed, fertilizer and labor.