Farm Business - General
“If handled improperly, transition events can be the death of your business. Or it can strengthen your business and clearly outline who you are and where you want to go,” says Dick Wittman.
Formulating your farm’s succession plan is likely not a straight line. Polly Dobbs, an Indiana attorney who is part of a seven-generation farm family, says it’s important to stay focused on your end goals.
The clock is ticking — and the current estate-tax exemption is set to plummet at the end of 2025. The smaller exemption coupled with inflation and land values likely means increased assets and estate-tax rates.
We asked previous awardees of the Top Producer Next Gen Award to reflect on lessons they’ve experienced in business and management.
Farmers who are feeling bewildered by the glacial progress of the next farm bill should know they’re not alone. “There are a lot of people who are confused about the process, including me,” says AgriTalk host Chip Flory.
Reid Weiland makes investments and sets outcomes for his farmland that pay back with environmental, yield and long-term metrics.
On the second episode of Unscripted, a new podcast hosted by AgDay’s Clinton Griffiths and U.S. Farm Report’s Tyne Morgan, Chris Bennett provides a behind-the-scenes look at how he finds such amazing stories.
“The current lifetime estate and gift tax exemption is $13.61 million and will be cut in half beginning in 2026.”
Dr. Vince Malanga shares insights on the U.S. economic outlook, and what areas demand the most attention.
Unrelenting inflation continues to weigh down the U.S. economy and agriculture. Still, CoBank says it believes the Fed will stick with its decision to cut interest rates three times in 2024.
The Ag Economists’ Monthly Monitor is a gauge of economists’ views on the ag economy. While outlooks have grown weaker, it’s the erosion in the future outlook that is sprouting fresh concerns.
Kyle Scheele shares six ways constraints can be a good thing to your operation.
Mike Steenhoek, executive director at the Soy Transportation Coalition, shares what the collapse could mean for the supply chain.
Farm attorney Matt Folz shares the pros and cons of creating a charitable remainder trust.
U.S. pork exports to Mexico hit the second-highest on record in January, while another major meat processor says it’s shutting the doors on another pork processing plant as consolidation concerns continue to grow.
Alan Hoskins, president of American Farm Mortgage, shares his expectations for the economy and how it changes the buying process.
According to two sources, in recent days the U.S. Attorney’s Office for the Southern District of New York has interviewed former ADM employees, ramping up pressure on the global commodities giant.
Ag economists’ views on the ag economy took a dive in the first Ag Economists’ Monthly Monitor of 2024; however, relatively strong balance sheets and working capital could provide a cushion for 2024.
This month’s Rural Mainstreet Index marks the fifth-straight month where the index has been below the growth neutral mark.
Vikram Luthar’s leave is pending an ongoing investigation being conducted by outside counsel for ADM and the Board’s Audit Committee.
AgriTalk has extended an invitation to all the 2024 presidential hopefuls to join Host Chip Flory and answer five standard questions about what they would focus on once in office.
Farmers routinely handle high-dollar transactions — and the nature of the payments, often through unsecure methods, leaves them susceptible to foul play.
From the election to world trade, as well as geopolitical factors that have the potential to shape agriculture in 2024, the December Ag Economists’ Monthly Monitor shows the possibility of several economic surprises.
Analysts say an initial cut could be made as early as first quarter 2024. One of the key factors the central banking system will consider is whether its inflation rate target of 2% has been achieved.
How well prepared is your operation to manage risk? Here’s a list of the top 5 risks and ways to mitigate the challenges.
The Last Acre Act would help expand high-speed internet access across eligible farmland, ranchland and farm sites. At least 15% of farms and ranches have no access to the internet today.
At 22 years old, Emma decided the college life wasn’t for her. She dropped out and decided to become a farmhand. With each adventure comes lessons she shares on her “Ag With Emma” social media accounts.
Though inflation is currently high, Indiana ag lender Joe Kessie doesn’t expect a repeat of what he experienced in his early career for three main reasons.
When Max Miller opened the Pig Motel and charged 2 cents for room and board, the venture was about more than math.
Beginning Jan. 1, 2024, you will be required to report online to the Financial Crimes Enforcement Network (FINCen) any entity that is required to be filed with your state.