Farm Business - General
Ag economists’ views on the ag economy took a dive in the first Ag Economists’ Monthly Monitor of 2024; however, relatively strong balance sheets and working capital could provide a cushion for 2024.
Vikram Luthar’s leave is pending an ongoing investigation being conducted by outside counsel for ADM and the Board’s Audit Committee.
Farmers routinely handle high-dollar transactions — and the nature of the payments, often through unsecure methods, leaves them susceptible to foul play.
According to USDA, only 40% of farm households participate in some type of retirement account. Here’s a way to potentially save money for retirement, reduce taxable income, and have more borrowing options.
‘Tis the season for New Year’s Resolutions and reflecting on the past 12 months. Here’s some tips to help with the goal setting process that will keep you on track throughout the year.
From the election to world trade, as well as geopolitical factors that have the potential to shape agriculture in 2024, the December Ag Economists’ Monthly Monitor shows the possibility of several economic surprises.
Agridime LLC, is facing allegations of orchestrating a cattle Ponzi scheme involving $191 million in investor funds and undisclosed sales commissions.
Beef cross calves are currently generating healthy profits for dairies. They also are a welcome addition to the beef supply chain, according to Dr. Zeb Gray, Beef Technical Feedlot Specialist with Diamond V.
The latest ideas in cutting-edge technology for agribusiness will be featured at a Feb. 13 Forum in Kansas City. Here’s more information about who will be there.
Farm income is expected to drop notably from last year alongside lower revenues and higher expenses, but remain well above the historic average.
How well prepared is your operation to manage risk? Here’s a list of the top 5 risks and ways to mitigate the challenges.
A traditional Thanksgiving feast reflects two current trends in food-at-home economics: increased retail food costs vary by category and the supply chain is back to pre-COVID patterns.
When 14-year-old Dave Richmond’s monster buck was stolen, he searched 14 years for the pinched antlers, never giving up hope on a spectacular rack.
The Last Acre Act would help expand high-speed internet access across eligible farmland, ranchland and farm sites. At least 15% of farms and ranches have no access to the internet today.
Farmers are opting to tap into their savings from recent prosperous years instead of taking out loans at the highest interest rates since 2007, according to surveys conducted by regional Federal Reserve banks.
Work by the House or Senate Agriculture Committee on a new farm bill is essentially stalled, Randy Russell tells AgriTalk’s Chip Flory. Russell says that could be the case until government funding issues are resolved.
In early 2022, a possible trucker shortage grabbed headlines, but John Phipps says even today, there isn’t much hard data to substantiate that alarm.
Learn how to avoid these frustrating and deal-breaking mistakes.
For 2024, USDA projects that food price inflation will be lower than that seen in 2023 and significantly lower than the rise seen in 2022.
The Ducheneaux family reconnects consumers with their food source
There’s no one better to provide a realistic and informative take on tax planning than Paul Neiffer, principal with CLA and author of “The Farm CPA” blog.
For 14 straight months, the rural economy has posted healthy and consistent growth.
Here’s how you can avoid committing these harmony-harming mistakes.
Brendan and Elaine Martin are building their dream farm — one piece at a time.
Farm Bill discussions and debates don’t pack as much drama for producers. According to JohnPhipps, there’s an unspoken realization that the Farm Bill doesn’t have the same influence on the farm economy it once did.
“Most farms don’t have the time, capabilities, perspectives, resources or desire to do all the tasks it takes to run an operation,” says Steve Kluemper, AgriStrategies LLC founder. “A lot of growers hire to fill gaps.”
The rural economy seems to be set on cruise in neutral gear. That’s according to the Rural Mainstreet Index (RMI) from Creighton University.
This year, more than ever, requires you to spend time with your tax adviser to pin down the right amount of taxable income to report. Good luck.
Meanwhile, service prices and the core index (which excludes food and energy) remain high, with the core CPI descending to 4.8%.