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Tag "farm business"

Farm Finances: Evaluating Your Capital Debt Repayment Capacity

Farm Finances: Evaluating Your Capital Debt Repayment Capacity

👤By Brandy Krapf, Dwight Raab, and Bradley Zwilling, University of Illinois Ag Economists 🕔Nov 20, 2017

Many financial measures and ratios assist in evaluating the financial health of a business. Not one of those measures itself can assess the overall financial condition of a farm business. It takes a top down review of many of those

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Farm Business: Tax Reform Benefits and Drawbacks for 2018 – DTN

Farm Business: Tax Reform Benefits and Drawbacks for 2018 – DTN

👤By Chris Clayton DTN Ag Policy Editor 🕔Nov 14, 2017

The U.S. Senate’s tax-reform bill released late Thursday would keep more tax brackets and maintain the estate tax, but also would still keep several tax provisions important to farmers regarding equipment expensing and pass-through income.   With the House advancing its

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Farm Business: Comparing 2016 ARC-CO and PLC Payments

Farm Business: Comparing 2016 ARC-CO and PLC Payments

👤By Nick Paulson, Gary Schnitkey, Jonathan Coppess, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University, Ag Economist 🕔Oct 17, 2017

The daily article from October 6, 2017 presents a summary of 2016 ARC-CO payments for corn, soybeans, and wheat. Today’s article provides county level estimates of PLC payments for these crops using average program yield data provided by the Farm

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Farm Business: Proper Training is the Key to Competent Longterm Employees

Farm Business: Proper Training is the Key to Competent Longterm Employees

👤By Lori Culler, DTN HR Columnist 🕔Oct 17, 2017

When the words “employee training” are mentioned most farm managers typically do one of three things — laugh out loud, shake their heads in disgust, or look highly confused. There is a misperception when it comes to training, which is

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Farm Business: Capital Expenditures Trends vs. Capital Consumption

Farm Business: Capital Expenditures Trends vs. Capital Consumption

👤By Michael Langemeier, Purdue University Ag Economists 🕔Oct 13, 2017

U.S. farm sector capital expenditures continue to adjust to declines in net farm income and net cash income since 2013. Real net farm income has declined approximately 51 percent since its most recent peak in 2013, while real net cash

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Farm Family Business: A Key Skill for Success is Self-Awareness – DTN

Farm Family Business: A Key Skill for Success is Self-Awareness – DTN

👤By Lance Woodbury DTN Farm Business Adviser 🕔Jul 18, 2017

I’m often asked if there are predictors of family business success. In other words, if a family performs certain actions, is it likely to keep the farm or ranch intact for future generations? To that end, many of these columns

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Farm Hires: 3 Factors Determine Employee or Independent Contractor Status – DTN

Farm Hires: 3 Factors Determine Employee or Independent Contractor Status – DTN

👤By Lori Culler DTN HR Columnist 🕔Jul 10, 2017

With harvest right around the corner, most of us are starting to think about who we need to hire to complete all the activities that need to be done this fall. When hiring seasonal labor for your farm or business,

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Farm Business: Strategies for the Future – Conventional or Discovery-Driven Planning?

Farm Business: Strategies for the Future – Conventional or Discovery-Driven Planning? Updated

👤By Michael Langemeier and Michael Boehlje, Center for Commercial Agriculture Purdue University 🕔Jul 10, 2017

Today’s business climate for farmers is fraught with uncertainty. Making smart long-run strategic decisions in this business climate is really difficult. When the future is so uncertain, one is tempted to just hope for the best. But don’t ever forget,

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Indiana: Farm Business Strategic Decision Making Program, West Lafayette, June 13-15

Indiana: Farm Business Strategic Decision Making Program, West Lafayette, June 13-15

👤By Jennifer Stewart-Burton, Purdue University 🕔May 10, 2017

Purdue University faculty experts will help food and agricultural business professionals make better business decisions at the upcoming Strategic Decision Making program, June 13-15, in West Lafayette. The program is hosted by Purdue’s Center for Food and Agricultural Business. It

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Farm Business: Don’t Delay Making Use of Site-Specific and Real-Time Software

Farm Business: Don’t Delay Making Use of Site-Specific and Real-Time Software

👤By Danny Klinefelter, DTN Farm Business Adviser 🕔May 8, 2017

Margins are tight and additional spending is being very carefully scrutinized. But for those farmers who are profitable, I think delaying the implementation of real-time, site-specific business software is very short-sighted. To stay in business over the long haul, it’s

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