Finance-Accounting
Matt Hansen of Grower’s Edge says the company’s technology has been a catalyst to change the conversation in ag retail.
While relationships remain the foundation of the farmer business ecosystem, technology is bringing a new structure to how everyday business is done.
The opportunity to participate comes available at a crucial time, as growers are experiencing low commodity prices, high input costs and a variety of trade uncertainties.
“We are using cutting-edge technology in farm accounting, and it also makes our partners easier to do business with,” says Brian Stark, co-founder of Traction Ag. “Farmers can avoid the paperwork nightmare and focus on farming—the time savings is super important.”
With the goal to provide an all-in-one platform to manage farm operations and finance, Bushel Farm will include a digital wallet with the ability to enable an interest bearing account.
Experts from Compeer Financial say last year’s coverage might not be adequate for this year’s cost of production, and coverage might not have the same effect it did last year or even two years ago.
Today’s ag economy has changed the way United Prairie is partnering with its farmer customers. The focus is still keenly on return on investment, but CEO Curt Miller explains, there are key considerations for how United Prairie is showing up differently for their customers.
With 30 tax provisions set to expire at the end of 2025, four experts explain how and when you could be affected.
Large-scale family farms (GCFI of $1,000,000 or more) accounted for 48% of the total value of production and 31% of agricultural land in 2023.
For agribusiness accounts, this new feature gives an efficient way to bring an entire customer base into digital payments.
Bayer’s $63 billion purchase in 2018 of seeds and pesticides maker Monsanto was a long-term bet on robust growth in farming supplies which has so far misfired.
Exit planning is more than just preparing to walk away from the business.
The shift to climate-smart farming emphasizes low-carbon crop yields for biofuels, with 45Z tax credits starting Jan. 1, 2025. Farmers should consider profitable changes while documenting their existing sustainable practices.
A Bushel online survey found a correlation between marketing satisfaction and understanding and use of cost of production data.
When times are tough is when farmers need their trusted advisers the most, says Greg Martinelli.
Federal Reserve Chair Jerome Powell’s testimony before the Senate Banking Committee provided several key insights into the current economic landscape and potential future monetary policy actions.
The new numbers show that net farm income will fall $6.5 billion or 4.4%. This is compared to projections released in February suggesting it would fall 26%.
FSA says these changes will increase opportunities for farmers and ranchers to be financially viable.
Depth interviews can be one of your most powerful tools
USDA’s current net farm income forecasts show a $90-billion plus drop over the two-year period, making it the largest dollar value loss, adjusted for inflation, that agriculture has ever seen.
Testimony at House Ag hearing Tuesday captured the downturn and anxiety in the ag sector.
The latest Ag Economists’ Monthly Monitor, a survey of nearly 70 ag economists from across the U.S., shows the lack of exports, as well as the current crop prices, are eroding outlooks on the crops side. While strong beef demand and cheaper feed prices are creating more optimism in cattle.
Since 2020, a series of black swan events in just a few years time resulted in sporadic product shortages and concern about how to react and plan for the future.
The latest Federal Reserve board meeting left interest rates unchanged, but there’s a subtle shift in its monetary policy Vince Malanga, president of LaSalle Economics, says should be noted.
John Maman of Nutrien Financial encourages farmers to revisit their financial plan now that the crop is in the ground and agronomic conditions can be assessed.
Paul Neiffer reviews the important updates to the new Farm Bill proposals from the House Ag Committee.
Landus announces the launch of its latest technology-focused initiative, Conduit, which will offer zero-interest loans on inputs and more, as well as former FBN executive Amol Deshpande’s addition to the team.
The latest Ag Economists’ Monthly Monitor projects a major drop in net farm income this year. Economists are also growing more pessimistic about the potential for interest rate cuts in 2024.