Farm Income Keeps Sliding Lower – Ag Credit Survey, Kansas City Fed

🕔Nov 19, 2018Farm income and credit conditions continued to deteriorate in the third quarter of 2018, according to the Tenth District Survey of Agricultural Credit Conditions. Expectations for farm income and loan […]

Farm Business: 7 Financial, Risk Management Suggestions for 2019

🕔Nov 14, 2018With planning for next year’s crop underway, this article makes suggestions related to financial and risk management for grain farms.  Projections for extremely low income in 2019 set the overall […]

Farm Business: Comparing Cash and Accrual Net Farm Income – Case Study

🕔Nov 14, 2018It is widely accepted that accrual accounting provides a more accurate estimate of annual farm profitability than cash accounting or Schedule F net farm profit. Though there are numerous adjustments […]

Ag Economy Barometer: Producer Sentiment Rebounds in October

🕔Nov 6, 2018The Purdue University/CME Group Ag Economy Barometer rebounded in October to a reading of 136—a 22-point increase in the index compared to September—leaving the barometer nearly equal to its level one year […]

Illinois Farm Finances: Grain Farms in Strong Position Despite Price Downturn

🕔Oct 24, 2018Over time working capital has deteriorated and debt-to-asset ratios have increased on grain farms across the Midwest. Average levels of working capital and debt-to-asset ratios still suggest an overall strong […]

Illinois Farm Family Business: 2019 Budgets – Don’t Forget Family Living Costs

🕔Oct 22, 2018In 2017, the total noncapital living expenses of 1,219 farm families enrolled in the Illinois Farm Business Farm Management Association (FBFM) average was $79,798–or $6,650 a month for each family. […]

Illinois Corn, Soy: Reviewing Prices and Market Facilitation Payments

🕔Oct 12, 2018As the trade conflict with China continues, prices for many agricultural commodities remain relatively low. Illinois corn and soybean prices dipped to new lows in September, coinciding with the latest […]

Minnesota: Free Farm Financial Counseling Available

🕔Oct 10, 2018One-to-one financial counseling for Minnesota farmers experiencing serious financial distress is available from University of Minnesota Extension. A team of farm financial analysts has been pulled together to provide free […]

Farmers’ Worries Increase, Expect Lower Incomes – Ag Barometer

🕔Oct 2, 2018The Purdue University/CME Group Ag Economy Barometer fell to a reading of 114 in September, fifteen points below its August reading of 129 and its lowest reading since October 2016. September marked […]

Farm Finances: End of Year Tax Planning for 2018

🕔Sep 24, 2018Harvest is consuming most of your attention right now, but consider taking some time to review your accounting records in anticipation of planning for the end of the year. With […]

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