Power in the Family Business
Posted by Lance Woodbury , DTN Farm Business AdviserThere will always be power dynamics at work in a family-owned company, but those dynamics can often be more effectively managed toward a successful future.
There will always be power dynamics at work in a family-owned company, but those dynamics can often be more effectively managed toward a successful future.
The conflict has driven up insurance premiums and created a backlog that now threatens shortages and delivery delays.
A recent post on a message board dedicated to old farm machinery lamented the "death" of the vintage farm machinery hobby. Some of the older machinery is not worth as much as it was years ago but many of the "newer" machines (from the 1960s to the 1980s) are...
When an intended farm heir dies unexpectedly, charitable remainder trusts offer a tax-efficient exit strategy.
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The world corn stocks-to-use ratio ex-China is currently projected to be 11%. That would be up slightly from last year's 10.6% but still very close to the 2012-13 era. That means there is a giant sucking sound for corn exports, and the U.S. is in a position to deliver.
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