Financial Management
Some ag lenders are helping young producers and beginning farmers develop stronger financial skills so they can make more informed business decisions on the farm and reduce risk.
Strong financial organization and a solid relationship with your lender can make all the difference in getting a loan approved.
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.
“Whatever your case might be, it’s about how to help absorb potential unforeseen shocks and potential short term losses if they occur,” says John Steeves with Rabobank.
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.
Former Top Producer award winners reveal their management goals for the year ahead.
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.
As farmers face rising costs, financial viability with sustainability will be key to long-term success.
For the first time in at least 20 years, the volume is greater for loans >$1 million than loans <$1 million.
Burgundy Pasture Beef shares tips to optimize sustainable beef marketing from ranch to fork -- a task that, for many, requires both nuance and diligence to ensure profitability.
Longer term prices continue to look less optimistic for farmers, and farmdoc daily economists suggest farmers be prudent in starting to budget for much lower prices.