Farm Business: Cash Flow Versus Profitability Apr 14, 2021

🕔Apr 14, 2021
A lot of attention and focus can be placed on the cash flow of a farm or ranch operation but relying only on cash flow as a measure of success […]

Farm Business: How Does Refinancing Affect Your Balance Sheet? Apr 14, 2021

🕔Apr 14, 2021
Refinancing can be a useful tool for farms and ranches to improve cash flow. The process of refinancing can reduce the debt payments that you are expected to make in […]

Farm Family Shares Lessons Learned from Derecho Damage – DTN Apr 13, 2021

🕔Apr 13, 2021
Some people chase storms. The Stalzer family are starting to wonder if they attract them. The Haverhill, Iowa, farmers spent $150,000 to rebuild grain bins after a 2011 derecho. If […]

Strong Commodity Prices and Improved Financial Conditions – Ag Barometer Apr 6, 2021

🕔Apr 6, 2021
The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record high reading of 184 in October. This month’s 12-point rise in the barometer was […]

Farm Business: 10 Data Management Tips for Improving Profitability Mar 26, 2021

🕔Mar 26, 2021
Recent farmdoc daily articles and discussed the importance of new technologies to crop agriculture and the value of information.  In this article, we continue this theme by discussing the role of information in […]

Michigan Webinar: Farm Budgets – Planning Now for Profits – March 30 Mar 11, 2021

🕔Mar 11, 2021
Every farm starts the year intending to be profitable. Farm managers carefully plan their production activities to reach yield goals and generate revenue for their businesses.  But farm profitability isn’t […]

Illinois: Ag Debt Continues to Increase Feb 23, 2021

🕔Feb 23, 2021
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 […]

Farm Business: 6 Management Practices to Improve Your Operation Jan 28, 2021

🕔Jan 28, 2021
In every part of agriculture there are farms and farmers that excel in what they do. Have you ever asked yourself why there are fewer and fewer farms each and […]

Farm Finances: Cost Management – Interest Rates and Refinancing Jan 15, 2021

🕔Jan 15, 2021
An increase in cash prices for corn and soybeans brightens the outlook for Illinois farm income in 2021, but continued uncertainty in the economy and market factors means careful farm […]

SBA Gearing Up New Paycheck Protection Program Loans – DTN Jan 12, 2021

🕔Jan 12, 2021
Farmers, livestock producers and other small business owners can start applying for the Small Business Administration’s new Paycheck Protection Program (PPP) loans as early as Monday if they are working […]

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