The Corporate Transparency Act (CTA) is a federal law enacted in 2021, as an effort to help prevent and combat money laundering, terrorist financing, corruption, tax fraud, and...
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The Corporate Transparency Act (CTA) is a federal law enacted in 2021, as an effort to help prevent and combat money laundering, terrorist financing, corruption, tax fraud, and...
Read More >Your farm faces many challenges today, including economic recession. Farms today are forced to manage many challenges, including an economic recession, growing pains, time...
Read More >There are a few substantial differences between agricultural accounting and business accounting, specifically when it comes to reporting on the income statement and the balance...
Read More >Summary With the harvest season behind us, the focus now moves to the planning for the season and years ahead. Keeping and renewing leases is a critical part of most farming...
Read More >“Efficiency is doing things right. Effectiveness is doing the right thing.” – Zig Ziglar
Read More >How Efficient is Your Operation? Efficiency is getting more output from the same resources or getting the same output from fewer resources. There are efficiency ratios used to...
Read More >In the digital age, effective online marketing is critical for any business’s success. A strong digital presence can boost your farm operation’s visibility, increase credibility,...
Read More >What is the interest expense ratio? For the purpose of this discussion, the interest expense ratio is calculated by dividing your business’s total interest expense on all loans...
Read More >Farm business succession planning has become a very popular topic in the last decade, but why? Perhaps because transferring a family business to the 3rd or 4th or 5th generation...
Read More >Every producer wants to protect their crops. From fertilizers and fungicides to herbicides, farmers do their best to ensure a healthy crop from seed to harvest. Some things are...
Read More >By: Valley Irrigation
Read More >If the bin is one of the farm’s bank accounts, why condition grain by guesswork?
Read More >Tillage practices have changed. I remember a time—when I was much younger—when moldboard plows were considered a must-have tool for every farming operation. I have fond memories...
Read More >Help Wanted! “Why are people not applying for my jobs?” Do you find yourself asking this question? You took all the right steps. You wrote convincing job descriptions and...
Read More >Now’s the time when many growers are thinking about their fertilizer plan for 2023, especially if it includes a fall application.
Read More >While futures prices represent 90% to 95% of the flat price of grain, don’t underestimate the value in the basis component. According to Chip Flory, Farm Journal economist,...
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