Farm Business: Gauging Management Skills – 9 Point Check List

🕔Oct 1, 2018As farms continue to consolidate it becomes increasingly important to assess a farm’s management skills.  At a certain farm size, it is no longer easy or feasible for the manager […]

Farm Business: Cash Is King – 4 Methods of Measuring Liquidity

🕔Jul 25, 2018In good times cash is king and in not so good times it is even better.  There are three primary liquidity ratios that are important from a business perspective.  And […]

Illinois Farm Business: 5-Year Income Projections for Grain Farms

🕔Jun 27, 2018Five-year financial projections for Illinois grain farms suggests continued low farm incomes, given that yields are at trend levels with corn prices near $3.60 per bushel and soybean prices ranging […]

Illinois Grain: Machinery Value Comparison – 2006 v. 2016

🕔Jun 18, 2018As farm incomes began to increase after 2006 due to higher grain prices, machinery values began to increase as well. There are many reason for this increase. We will compare […]

Texas: Ag Workshop, Farm Tour San Antonio, June 29-30

🕔Jun 11, 2018The Texas A&M AgriLife Extension Service and the agency’s Texas AgrAbility program will present a farm tour and agriculture business workshop June 29-30 in San Antonio in collaboration with Mesquite […]

Farm Communications – Use the Latest Technology – DTN

🕔Jun 1, 2018Productive farms must work together as a team. Each employee plays a role on the team, whether it’s to operate heavy equipment or manage finances from behind a desk. The […]

Texas Ag Law: Grandma’s Will – Family Feud – What is a Life Estate?

🕔May 29, 2018Vada Allen owned a 316 acre ranch in Robertson County.  Upon her death, she was survived by her son, Bobby, and three grandchildren, Annette, Allison, and Stanley.  Her will included […]

Indiana: Farm Manager Seminar, West Lafayette, Aug. 23-24

🕔May 22, 2018Purdue University’s Center for Food and Agricultural Business will host a seminar August 23-24 to help managers understand their own strengths, adapt through changes and empower their teams to become […]

Farm Business: Taxes – Who is a ‘Related’ Person? Why It Matters

🕔May 22, 2018Most farmers and ranchers have extended family members who are also in the business and from time to time they likely do business with each other. What many might not […]

Illinois: Characteristics of Higher Profit Farms in 2017

🕔May 21, 2018This article uses 2017 data from Illinois Farm Business Farm Management to highlight selected differences between the highest profit grain farms (high one-third) and lower profitability grain farms (low one-third). […]

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