Farm Income: Will It Really Drop to a 12-Year Low in 2018?

🕔Feb 22, 2018On February 7, USDA’s Economic Research Service (ERS) released their initial 2018 farm income forecasts. ERS forecasts a number of farm financial measures. The two most commonly reported measures are net […]

Illinois: Why Should Farmers Know About the Illinois Schedule SA Income Allocations?

🕔Feb 19, 2018On July 6, 2017, Illinois Public Act 100-0022 became law. One item in this Act was an Illinois income tax rate increase effective July 1, 2017. The Illinois income tax […]

Farm Business: Looking for Top Employees? Upsize Your Web Presence. – DTN

🕔Feb 13, 2018Having a website and social media pages isn’t just for larger organizations — farms of all sizes can benefit. Whether you’re looking to hire additional labor, securing more land to […]

Farm Business: How Do I Finance Growth of My Operation?

🕔Feb 12, 2018There are numerous motivations for farms to expand their businesses. Even in today’s environment of tight margins, many farms are exploring expansion options. When exploring these options, it is important […]

Farm Business: Digital Farm Records Made Easy

🕔Feb 12, 2018Everyone knows the feeling. Boxes upon boxes fill up your garage, closet, attic, and about every other conceivable location, storing all those precious receipts and invoices. For the IRS you […]

Farm Labor: Skills for Hiring, Managing Your Workers

🕔Feb 5, 2018As the American farm continues to grow and evolve, the need for extra labor within these operations is also exhibiting the same parallel trend. Unfortunately, many of us as agriculture […]

Farm Business: Skills and Competencies Needed for Expansion

🕔Feb 5, 2018There are numerous motivations for farms to expand their businesses. Even in today’s environment of tight margins, many farms are exploring expansion options. When exploring these options, it is important […]

Illinois: Resilient Farm Roadshow Has 5 Meetings Planned for Feb.

🕔Feb 2, 2018Some of the habits of successful farm managers include being innovative and cost- conscious, and evaluating the returns on alternative technologies and investments. Cash flow management is key in preserving […]

Illinois Farm Business: More Habits of Financially Resilient Farms

🕔Jan 24, 2018A study funded by the Illinois Soybean Association titled “Identifying Management Strategies of Highly-Profitable Soybean Farmers” utilized data from the Illinois Farm Business Farm Management (FBFM) Association to identify farms […]

Farm Business: Establish Your Own “Board of Directors”

🕔Jan 23, 2018Successfully managing your farm business is an ongoing process. There are many resources, tasks and processes to manage. Being self-aware of the many things that vie for your time and […]

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