Like-kind exchanges, formally known as Section 1031 Exchanges, are one of the most effective ways for farmers and landowners to defer capital gains taxes when selling farmland or...
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Like-kind exchanges, formally known as Section 1031 Exchanges, are one of the most effective ways for farmers and landowners to defer capital gains taxes when selling farmland or...
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The strength of a farm isn’t just in its acres or yield—it’s in the family that keeps it running. A thriving family farm is built on generations sharing knowledge, adapting to...
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Securing grants can be a pivotal strategy for enhancing your farm's operations, whether you're launching a new venture or seeking funding for specific projects. While grant...
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How to Ensure a Smooth Transition for Your Family Farm Succession planning is one of the most significant and deeply personal challenges a family farm can face. It’s not just...
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More, More! Better, Better! Faster, Faster! Tremendous productivity and efficiency strides have been realized in the production of food and fiber. This has not made farming more...
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Many producers had a vacation during the wintertime. Unless it was a supplier trip where they did all the work, the producer and their family likely had a certain amount of...
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In 1981, George T. Doran published a paper in Management Review that introduced SMART goals as a tool to improve the chances of reaching management goals. Clearly identifying what...
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The agriculture industry has changed so much in the last 20 to 25 years. With equipment, we’ve had the proliferation of such items as auto-steer, swath control, and variable rate...
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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...
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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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We all acknowledge that farming costs are insane this year. We’re seeing this across industries, but the ag industry seems uniquely affected by the global climate. We rely so...
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