Special Sections
Mid-November 2018
Headlines
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Focus On Long-Term Success
Farmers are well-versed in the usual list of tactics that can protect financial standing: cut costs, negotiate cash rents, restructure debt, protect working capital, refinance capital assets and insure appropriately. However, there are other approaches to long-term...
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Interest Rates On The Rise
Concerns about rising interest rates may be more psychological than financial.
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Opt For Options
Oberbroeckling Farms decided to go all in with on-farm storage in the mid-2000s. It expanded capacity from 30,000 bushels to 470,000 bushels during the next decade.
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Rebuild Working Capital
Chris Hausman started farming full-time in the 1990s after his dad retired. He previously had taught high school vocational agriculture and advised farmers through Illinois Farm Business Farm Management (FBFM). Those experiences have helped guide his decision-making for...
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Evaluate Deferred Payment Contracts
Since annual profits/losses in agriculture generally follow a roller-coaster path, farmers and ranchers in the past were reassured a tax-loss year would help offset taxes from a future profitable year. That has changed. The new tax law severely limits the benefits from...
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Cash Rent Conundrum
Uncertainty in the commodity markets is preventing many landowners and farm operators from locking in cash rents for 2019. This fall, "in Iowa, there will likely be a lot of land in ‘loose hands' as owners shop around," notes Justin Dammann, corn/soybean, cow/calf producer...
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Tariff Realities Hit Harvest
Justin Topp usually puts a portion of his soybean crop in storage every year, but with cash prices below $7 per bushel, he thinks this year will be the most he's ever stored. "They'll be stored for a while, I'm assuming," the Grace City, North Dakota, farmer says from the...
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