Finance-Accounting
FSA says these changes will increase opportunities for farmers and ranchers to be financially viable.
Federal Reserve Chair Jerome Powell’s testimony before the Senate Banking Committee provided several key insights into the current economic landscape and potential future monetary policy actions.
Since 2020, a series of black swan events in just a few years time resulted in sporadic product shortages and concern about how to react and plan for the future.
The latest Federal Reserve board meeting left interest rates unchanged, but there’s a subtle shift in its monetary policy Vince Malanga, president of LaSalle Economics, says should be noted.
John Maman of Nutrien Financial encourages farmers to revisit their financial plan now that the crop is in the ground and agronomic conditions can be assessed.
From understanding breakeven price per bushel to finding a mentor who persevered through the 1980s, Alan Hoskins with American Farm Mortgage and Financial Service shares pointers for a long, financially sound career.
Paul Neiffer reviews the important updates to the new Farm Bill proposals from the House Ag Committee.
After two years of consulting with farms ranging in size from 200 acres to more than 10,000 acres, Jeff Kazin and Mike Rohlfsen say they very rarely encounter a farmer with a precise answer.
The spread between your break-even with the cost of production model versus the cost of doing business model has never been as far as it is now. Be sure to know your true costs.
Landus announces the launch of its latest technology-focused initiative, Conduit, which will offer zero-interest loans on inputs and more, as well as former FBN executive Amol Deshpande’s addition to the team.
Shay Foulk shares tips to help balance equipment debt, transition and economic downturn.
Industry experts share what to include in a financial plan and where they’d consider making room in the budget.
The latest Ag Economists’ Monthly Monitor projects a major drop in net farm income this year. Economists are also growing more pessimistic about the potential for interest rate cuts in 2024.
The team at Traction Ag is working to provide via its cloud-based farm accounting application a system that captures all the financial and field information farmers need to record and manage.
Alan Hoskins, president of American Farm Mortgage, shares his expectations for the economy and how it changes the buying process.
“It’s hard to put yourself in growth mode when things are getting so expensive,” says Tanner Ehmke with CoBank.
At Christiansen Land and Cattle, they’re committed to excellence and continuous improvement, a mindset that started when Christine Hamilton’s family homesteaded in South Dakota in 1891.
Consultant Bruce Vande Steeg has found creating a vibrant farm business starts with the leadership.
Shay Foulk shares six ways to mitigate loss and plan to pilot through tough years.
What’s the most challenging thing about running a legacy brand? “The biggest challenge is being pigeonholed. Everyone expects us to recreate the past, but the future doesn’t look like what we were,” Lamar says.
The latest barometer, which is based on an economic sentiment survey of 400 agricultural producers each month, recorded a reading of 114 – down 1 point compared to a month earlier.
According to Shuring, what may be considered equal doesn’t always make sense when the succession plan involves family members who actively work on the farm, and others who do not.
Periods of profitability and loss come in waves and Shay Foulk is sharing three key things to do in 2024 to make the best of it.
Following a few turbulent years that included a pandemic, rapid inflation, rising interest rates, a supply chain meltdown and high input costs, agriculture is hoping to find softer soil as it marches through mid-decade.
Farm income is expected to drop notably from last year alongside lower revenues and higher expenses, but remain well above the historic average.
Regardless of preferences or past assumptions on storage, Shay Foulk encourages growers to run the numbers to see if new or more storage makes sense in their operations.
Though inflation is currently high, Indiana ag lender Joe Kessie doesn’t expect a repeat of what he experienced in his early career for three main reasons.
