Farm Business - General
The on-again, off-again reports regarding ICE raids is sowing confusion for those who rely on immigrant labor and causing labor shortages because employees aren’t showing up for work.
On the surface, strong livestock prices and government payments are painting a rosy picture for the farm sector. A closer look at input costs, commodity prices and interest rates says otherwise.
The borrower and lender relationship should be ongoing throughout the year, not just when renewing loans.
If both parties can come together – a farm seeker and a person that’s trying to get out of business – they can create a plan for the next generation.
If the next generation isn’t coming back, it’s not the end. But it is time for a new plan.
How do you know when it’s time to start transitioning your operation to the next generation? Rena Striegel, president of Transition Point Business Partners, says to aim for a decade.
What’s the long-term difference between starting a retirement plan at age 20 versus 40? Farm CPA Paul Neiffer crunches the numbers.
A 25-page criminal complaint alleges the researcher and her boyfriend were attempting to bring Fusarium graminearum into the country. The fungus causes significant diseases in a number of food crops, including corn, wheat, barley, soybeans and rice. Toxins from the fungus are harmful to humans and livestock.
Farm leaders often run on empty trying to do it all, but sustainable leadership means protecting your own well-being so you can keep showing up for your team and operation for the long haul.
Navigating the world of health insurance can be daunting, especially for farmers and small business owners. Here’s an explanation of several options that might work for you.
Creating clarity through questions and aligning expectations isn’t just about setting business goals — it’s rooted in strengthening family relationships.
During mental health awareness month, it’s important to pay attention to others and watch for signs of stress.
Knowing the financial position of an operation helps producers make decisions faster and mitigate risk while also reducing overwhelm.
Strategies to consider before starting a wedding or event venue.
“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.
Accounting for about 15% of USDA’s total workforce and representing FSA, NRCS, FSIS, APHIS and other departments, 3,877 staff signed contracts in February for the first deferred resignation program and 11,305 in the second round in April.
A pair of Canadians in farming weigh in on the country’s latest election results and the implications for agriculture sectors like the dairy industry and farm equipment manufacturing.
Revisiting and updating a budget can help producers identify areas that might be affecting potential profitability.
“In today’s economy, the ability to farm often depends on the ability to commute,” says Daniel Munch, economist at American Farm Bureau Federation.
Attorney Robert Moore shares tips regarding long-term care and strategies to make sure farmers and ranchers don’t lose the farm when faced with associated costs.
On her list of issues to tackle, says Secretary of Agriculture Brooke Rollins, is deciding if farmers will need another round of assistance payments later this year and if USDA headquarters should be relocated.
No matter the succession strategy, all producers have one similar goal: minimize or eliminate estate tax burden.
Consider a trial period or pre-agreement before starting the farm transfer process.
The senior senator from Iowa is renewing a long-standing legislative effort to wrestle back authority on trade deals and tariffs from the executive branch.
Entrants are judged on entrepreneurial originality, financial and business progress and industry or community leadership.
The Top Producer Women in Agriculture Award will be given to a female producer who is a shining example for her peers.
The Top Producer of the Year Award identifies and honors agricultural producers from whom our readers can learn business concepts, ranging from value-added ventures to succession plans to overcoming adversity.
Communication is needed to bring families together for these major decisions.
Tips for knowing how to best scale your business.
Are you being honest with yourself? It’s time to set appropriate expectations and write them down on paper.