Finance-Accounting
Why 500 producers are trading manual spreadsheets for real-time AI insights—and how you can join them for free.
The integration of artificial intelligence into financial systems is ushering in a more sophisticated era of tax management — one where software handles the heavy lifting.
Rising prices, stagnant wages and financial pressures are leading many young adults to cut back on eating out.
Strong financial organization and a solid relationship with your lender can make all the difference in getting a loan approved.
The term “cost of production” seems a bit disconnected at times because, in reality, we choose our costs. Shay Foulk outlines four ways to keep expenses in check.
Farmers will receive more payments under the changes to ARC and PLC programs, and the increase could be significant.
As farmers plan for 2026, challenges to profitability underscore the importance of communication with your financial institutions
What’s the long-term difference between starting a retirement plan at age 20 versus 40? Farm CPA Paul Neiffer crunches the numbers.
While relationships remain the foundation of the farmer business ecosystem, technology is bringing a new structure to how everyday business is done.
The opportunity to participate comes available at a crucial time, as growers are experiencing low commodity prices, high input costs and a variety of trade uncertainties.
Income tax law will change this year, and it will be dramatic. Though the crystal ball right now is fairly cloudy as to the final provisions, the changes will likely be beneficial for most farmers.
“We are using cutting-edge technology in farm accounting, and it also makes our partners easier to do business with,” says Brian Stark, co-founder of Traction Ag. “Farmers can avoid the paperwork nightmare and focus on farming—the time savings is super important.”
With the goal to provide an all-in-one platform to manage farm operations and finance, Bushel Farm will include a digital wallet with the ability to enable an interest bearing account.
Figured is a farm financial software that integrates with your current accounting program to track inputs, calculate break-evens and profitability and also create “what if” scenarios. The Figured team joins the Top Producer podcast to share more.
Experts from Compeer Financial say last year’s coverage might not be adequate for this year’s cost of production, and coverage might not have the same effect it did last year or even two years ago.
Until your needs for the next chapter of transition or retirement are put on paper, there is likely fear about the unknown. Thankfully, it’s easy to navigate with these steps.
With 30 tax provisions set to expire at the end of 2025, four experts explain how and when you could be affected.
Fleet industry veteran Todd Welle joins the Top Producer podcast to share some smart purchases he’s seeing farmers make.
Large-scale family farms (GCFI of $1,000,000 or more) accounted for 48% of the total value of production and 31% of agricultural land in 2023.
With the unknown of if and when Congress will act, guidance is available based on estate size.
As you do your tax planning at year-end, be sure to review any assets you have held for at least a year to determine if your taxable income remains in the 15% tax bracket.
For agribusiness accounts, this new feature gives an efficient way to bring an entire customer base into digital payments.
Bayer’s $63 billion purchase in 2018 of seeds and pesticides maker Monsanto was a long-term bet on robust growth in farming supplies which has so far misfired.
The shift to climate-smart farming emphasizes low-carbon crop yields for biofuels, with 45Z tax credits starting Jan. 1, 2025. Farmers should consider profitable changes while documenting their existing sustainable practices.
As harvest ends, focus on next year’s crop planning by understanding break-even costs and budgeting inputs. This will boost profitability and enhance your negotiating power.
The hard-learned lessons of thin margins and financial potholes are worth heeding. Skip Klinefelter has absorbed years of uninvited turbulence and kept moving forward. He offers six tips for surviving tough times.
The new numbers show that net farm income will fall $6.5 billion or 4.4%. This is compared to projections released in February suggesting it would fall 26%.