Farm Business - General
Idaho operation builds niche business to complement core crops.
How do you approach transition planning when two of your children are on the farm and one is not? You must be intentional and communicate.
If you weren’t able to attend Top Producer Summit in Nashville, you can still watch the awards banquet.
Questionable corn demand and expected production highs in South America bring major questions to the corn and soybean outlooks. Yet positive factors are evident.
Instead of writing down these big audacious goals, Jon Acuff, an entrepreneur, speaker and best-selling author, has better advice: Set micro goals.
During the Top Producer Summit, which was held Jan. 23-25 in Nashville, Top Producer honored five farm operations.
From 2020 to 2021, Susan Weaver Ford gained 8,900 neighbors, as the population of her county jumped 4%. “I used to farm fields that now have 40 houses,” she says. “The city is meeting us pretty quick.”
The sources of stress and uncertainty for the season ahead are plentiful. When uncertainty is plentiful, so is decision paralysis. To play offense and face the biggest risks to your farm, use this decision framework.
In 2022, the average interest rates on farm loans skyrocketed from record lows to decade highs. While that jump is remarkable and expected to continue, a little perspective is needed.
“Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate,” says American investor Warren Buffett.