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It’s a story of tight margins on farms in 2017, and those margins are growing tighter for some farmers. That’s forcing farmers to turn to lenders in search of additional farm loans. Should land be used as collateral when looking for farm loans? Three ag lenders weigh in.
Changes in an operation are driven by opportunity and by necessity. Of course, farmers prefer to change when opportunity comes knocking, rather than being forced into unfamiliar territory. For years, growers have willingly adopted new seed and crop management technology to grow more. The results have been nothing short of phenomenal.
Supply chain teamwork is key.
This diesel lawn and garden tractor sold on Sept. 30.
As farmers work to harvest what the U.S. Department of Agriculture (USDA) is calling third largest corn crop ever, compounding issues on the Mississippi River are causing grain handlers to slash basis, eating into farmers’ bottom-line. U.S. Waterways Council confirmed portions of the Ohio River are currently closed to river traffic, making it difficult to move harvested grain along a major shipping vein, which dumps into the Mississippi River.
A fire at a poultry farm in North Manchester, Ind. Monday night killed more than 1 million birds.
Leslie McCuiston was recently named America’s Pig Farmer of the Year. Her main goal as a senior production manager for The Maschhoffs, LLC is focusing on people.
Mike Hoffman’s AgDay forecast
Farmer helps feed Nashville’s insatiable market demand for produce.
Legal experts share the basics of this vital document.
I’ve seen some softer auction sale prices on used 4WD tractors sold at auction since June.
Top Producer is proud to host the seventh annual Executive Women in Agriculture (EWA) conference.
Simply put, blockchains are shared, traceable and transparent ledgers for record keeping. They capture information for each transaction in a supply chain, agreed upon by each of the business network members and made permanent once consensus is reached among those chain members. People can understand what’s happening in the chain of transactions, but not the individual actors who are making it happen.
Grain farms reflect farmland ownership, more than farm economics. It’s really hard to operate huge farms in the absence of huge landholdings. We had a recent example. A landowner with a modest farm dies, and being without children, she leaves her acreage to 5 nephews. It took extraordinary effort from the one nephew who was farming the land to buy out or rent the other four shares. This disaggregation occurs constantly across farm country. Most grain farm acres are rented, not owned. When owners change, the operator often changes too. So not only does ownership fracture, tenancy is up for grabs. Also, my impression is big operations don’t have longer lifespans than smaller farms either. Big Time Operators come and go.
Looking for a way to spend some quality time with your girlfriends for a fun weekend and right it off on your taxes?
AgDay meteorologist Mike Hoffman’s forecast for Tuesday, Sept. 26, 2017.
AgDay Forecast: Who Gets Moisture This Week?
Are your internal financial conditions still structurally intact?