News
Today’s agriculture headlines and expert perspectives serving farmers, ranchers, crop consultants, livestock nutritionists and the entire U.S. ag community.
The Big Get Bigger: Large farms continue to grow as smaller farms join forces in an attempt to compete.
Land sales demand has softened, according to Jim Farrell, president and CEO of Farmers National Company in Omaha, Neb.
Injecting an industrial metal back into the ground could prove a boon for farmers and miners alike.
Here’s a land investor that sees opportunity from the collapse in crude oil prices. His name is Jay Ellis, founder along with partner T. Boone Pickens, of
The historic W.T. Waggoner Ranch south of Vernon, Texas, was sold this morning to LA Rams owner Stan Kroenke. The selling price on the 535,000-acre ranch, which spreads across six counties, has not been disclosed. The or
Rural bank CEO’s have tightened farm loan terms due to low commodity prices, according to this month’s Rural Mainstreet Index (RMI) survey conducted by Dr. Ernie Goss, Creighton University. The June survey found
A Feb. 16 auction in Union Co., SD, saw 65.6 acres sell for $8,050 per acre. The farm was located about two miles south of Alcester. It was 100% tillable and offered a soil PI of 67.9. Handling the auction was Mark Zo
The first step in repealing the onerous WOTUS rule is set to occur today. A senior White House official tells our Washington staff President Donald Trump will sign an executive order today that would begin the process of
If you want your farm to successfully transition from one generation to the next, you must do better than a vanilla will that says you want to leave everything equally to your children. Don’t assume your children will figure it out when you’re gone. They likely won’t.
Handing over the reins to the family farm can be a difficult process, but it is the ultimate goal of most families to pass on the farm to the next generation.
Plan now for long-term health care needs and costs to protect your farm and assets
Young farmers can be the driving force in succession planning
Sometimes the best way to know where you’re going is to identify where you’ve been.
Louisiana is starting a program to honor farms, ranches and tree farms that have been in the same family for at least 100 years.
I’ve answered questions, responded to requests, proposed solutions and read a lot of great stories. It’s those stories that intrigue me most.
The agricultural community is full of aspiring farmers who dream of an opportunity to work with an experienced person.
The younger generation must be given some real-life decision making power, and the older generation must allow them to live with the consequences of those decisions.
When timing is everything, a contingency plan will keep you on track.
Attention to business matters keeps family operation focused.
Disability, life and long-term care insurance provide reassurance.
Profit centers give this Montana family more flexibility.
Use the current estate tax laws, economic situation to your advantage.
A comprehensive succession plan always includes strategies to mitigate the estate tax and minimize transfer obligations. But even the best estate plan may not address succession concerns.
If a family has not adequately planned for succession, the operation will likely go out of business, be absorbed into ever-larger farms or be converted to nonfarm uses. Using the five keys to planning success will create a succession road map.
