Tag "farm finances"
A team of Oklahoma State University agricultural economists is making it easier than ever for producers to become better aware of sound farm financial planning practices and Farm Service Agency programs that may help their operational bottom line. Team members
A news release last week from the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri indicated that, “The latest analysis of national and global agricultural trends from the University of Missouri indicates continued financial pressure on United
It’s common for producers to take their tractors and combines into the shop on an annual basis for a tune-up, but it seems less common for them to take time for a financial tune-up. While the equipment is worth a
The recent drop in crop prices has put a financial squeeze on Nebraska producers. What happens if you can’t pay your operating loan and your lender doesn’t extend credit for next year’s crop? Normally operating loans are paid in full
Agricultural debt on a nominal basis in Illinois has been increasing since 1991. Data from the U.S. Department of Agriculture (USDA) and Illinois Farm Business Farm Management (FBFM) are shown to see if increasing debt levels pose problems for the
Economists painted a gray outlook for the farm economy and called for a stronger federal safety during a congressional hearing meant to set the stage for drafting a new farm bill. Economists from USDA, the Kansas City Federal Reserve, Texas
A majority of representative farms in major U.S. production regions used to project future farm financial conditions would face serious cash flow shortfalls based on 2016 crop prices, a Texas A&M AgriLife Extension Service economist told members of the U.S.
On Thursday, the Federal Reserve Banks of Chicago, St. Louis and Kansas City each released updates regarding farmland values and agricultural credit conditions from the fourth quarter of last year. The Fed reports, which contained concerning news for farmers,
Higher production costs and lower commodity prices mean farmers must control costs more carefully than ever, says University of Missouri Extension agricultural economist Ray Massey. Land, seed and fertilizer are the largest production costs for row crop operations. “If you
Background: Type of Farm- Net Farm Income Variation A recent study (“Income Trends for Iowa Farms and Farm Families 2003-2015“) by David Peters, associate professor and extension rural sociologist with Iowa State University, summarized current trends in farm income by type