Farm Business: Pandemic-Proof Your Succession Legacy – DTN Aug 7, 2020

🕔Aug 7, 2020
Alan Hojer, a succession planning consultant, was busy before the pandemic, but calls from farmers and ranchers looking to begin or update their plan have accelerated since COVID-19 began circling […]

Ag Taxes: Limits on Deducting Farm Losses Jul 22, 2020

🕔Jul 22, 2020
The typical farming couple has both off-farm and farm income. The farming operation probably reports a loss as often as it reports profits. The loss is usually deducted against off-farm […]

Succession Planning: Don’t Forget Your Bookkeeper – DTN Jul 1, 2020

🕔Jul 1, 2020
Succession planning in the family business often focuses on the operational leader — the person directing outside activities or making decisions about logistics, labor, planting or harvesting. The theory is […]

Iowa Farm Business: Liquidity Remains a Concern Jun 29, 2020

🕔Jun 29, 2020
Despite a higher average income in 2019, Iowa’s mid- to large-size farms actually saw a considerable decrease in farm liquidity and working capital over the past year. Data from the […]

Ag Business: Great Time to Hire – Take Advantage of Expanded Talent Pool – DTN Jun 9, 2020

🕔Jun 9, 2020
Believe it or not, now is a great time to hire. The agricultural supply chain has been experiencing a talent shortage for years. The good news to come out of […]

Pandemic Planning On The Farm: Put Contingencies In Place – DTN Apr 14, 2020

🕔Apr 14, 2020
Glen Newcomer’s accident in 2015 couldn’t have come at a more inconvenient time. It was the night before his annual customer appreciation dinner and soybean harvest was just about to […]

Farm Finances: Contingency Planning with Cash Flow Shortages Apr 6, 2020

🕔Apr 6, 2020
A contingency plan is a course of action designed to help a business determine how to respond to possible future events.  Contingency plans are often referred to as “Plan B”.  […]

Farm Business: Commodity Market Anxiety – “Follow Your Business Plan” Mar 17, 2020

🕔Mar 17, 2020
A Kansas State University farm analyst says his phone has been ringing frequently as the state’s farmers and ranchers flood him with questions about the recent drop in commodity markets. […]

Farm Business: 6 Quick Tips for Effective Employee Management Mar 12, 2020

🕔Mar 12, 2020
If your farm has employees, you know that managing them well is important. Well-managed employees are happy, more efficient workers. In addition, they are more likely to stay and you […]

Farm Business Decisions: Emotions Are Not Your Friend – DTN Jan 9, 2020

🕔Jan 9, 2020
Tax planning always makes me reflect. To say 2019 was a wild ride is an understatement. We saw large swings in commodity prices, increases in dairy prices and optimism in […]

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