Finance-Accounting
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.
Knowing your cost of production allows you to make changes — you can’t improve what you don’t measure.
A Bushel online survey found a correlation between marketing satisfaction and understanding and use of cost of production data.
While ag loan balances are up, they remain in good shape with delinquency levels low.
Record, analyze and revisit how you evaluate opportunities.
New operating loans have interest rates double compared to 2021