The Progressive Farmer - Digital Issue

Mid-November 2018

Farmers continue to see their income decline from its peak in 2012, and the outlook for 2019 and beyond calls for continued lower income and weak commodity prices. Farmers have experienced down cycles before, but rather than wait for better times to return, they dig in and go to work. That's the optimistic theme you'll find in our special Mid-November issue. Master Your Margins provides insights and strategies other farmers use to help endure tough times and position their operations for the future. Cost-cutting, while a crucial step to shoring up your balance sheet, only goes so far, and other measures are necessary to conquer challenging times. You'll read how one farmer uses a business plan to evaluate decisions based on current and future return on investment. We feature a strategy that provides downside protection in today's commodity markets; an explanation of changes in key provisions ushered in under the new tax law; and steps to help restore working capital.

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