Whether they are dairymen, crop farmers, livestock producers or agribusiness operations, most borrowers go to their bank once a year to renew their operating lines...
Farming America Blog
PLAN BUDGETS WITH FUNDAMENTALS, NOT GOVERNMENT PAYMENTS
Government payments can throw a wrench in long-term budget planning. The last month of 2019 saw signs that there is life in the ag economy....
FOCUS ON WORKING CAPITAL AND COST CONTAINMENT IN THE NEW YEAR
New farm diversification opportunities could help sustain long-term revenue and viability. Some farmers made money the old-fashioned way — from operations — in 2020, while...
You Never Get a Second Chance to Make a First Impression
You have all heard the expression “You Never Get a Second Change to Make a First Impression.” It has been attributed to Oscar Wilde and...
DON’T GET DISTRACTED BY WHAT YOU CAN’T CONTROL
Focus your energy on risk management, other farm-level strategies With its many production and marketing variables, agriculture is a volatile marketplace and has been for...
Interest Rates – When do I Pull the Trigger?
Everyone likes to talk about interest rates, especially when considering borrowing money. If it is for a home mortgage or a refinance of a farming...
Tips to Improving Your Long-Term Financing Position
At some point in your ag business career you are likely to seek long-term financing for your operation. Reasons may vary from purchase money to...
Passing the Torch – Don’t Get Burned
Succession Planning The term Succession Planning is not new to those in the business of agriculture. While an important part of any operation, many farmers...
Is it a Good Idea to Use More Than One Ag Lender?
Ag lending has evolved in how ag credit is delivered and who is delivering that credit. Both agricultural operations and institutions that lend into agriculture...
3 Steps to Rising Above Farm Financial Strain
ALTERNATIVE LENDING FOR THE LONG TERM Three-step process helps ensure long-term financial viability for farms and ranches. Not all alternative ag lenders are created equal....