Sept. 2 2021
The combination of higher feed costs and falling milk prices induced the largest payments so far this year for USDA’s dairy insurance program
Sept. 2 2021
When considering the acquisition of a long-term asset, a farmer is analyzing a capital investment. Dairy farms have multiple and diverse situations in which a capital investment needs to be evaluated
Aug. 15 2021
In my April 25, 2021, column titled, “Keep an eye on the five major farm risks,” I introduced the “Five categories of risk” that farmers face
March 4 2021
Oklahoma State University created a model that compares business and estate transition strategies and the probability of success
Nov. 16 2020
Dairy farming is increasingly characterized by growing farm sizes and more levels of uncertainty
Nov. 5 2020
“We really like the dairy business, so we want to stay in it.”
Sept. 14 2020
What makes a dairy profitable? There are many potential answers, but one in particular rose to the top in Cornell University’s recently completed Dairy Farm Business Summary. It’s what Cornell...
Sept. 14 2020
The current economic context implies a high level of market uncertainty. But overall, the farm economic climate is better than expected. The CME/Purdue “Ag Economy Barometer” reports that...
Sept. 10 2020
Many farmers have likely been taking a closer look at and using a sharper pencil with their financial information over the course of the pandemic
Sept. 3 2020
It’s easy to agree that these are unprecedented times and that the pandemic has thrown the nation and world into dire economic straits
Aug. 17 2020
Since June 2019, 580 American farms filed for Chapter 12 bankruptcy according to the American Farm Bureau Federation
Aug. 13 2020
While producers have until the end of August to sign up for Coronavirus Food Assistance Program payments, only $7 billion has been awarded to 521,853 applications as of August 10
Aug. 13 2020
The novel coronavirus disease (COVID-19) continues to impact communities across the country, the broader economy, and impacts farmers and the lenders who loan money to them.
Aug. 6 2020
The market volatility of the COVID-19 pandemic has forced many farms to take a closer look at their financial statements and, in some cases, wish they would have done things differently
May 26 2020
What can small dairy farms learn from fellow small businesses outside of agriculture?
May 25 2020
With the turmoil of dairy markets the past few months, farmers may likely be looking a bit deeper into their balance sheets and income statements for 2020
May 21 2020
Financial strategy for dairy farms during COVID-19 has looked a little bit like a roller coaster. While milk prices plummeted and then started to rebound, many farmers revisited their budgets
May 21 2020
Making informed decisions is a key business component for any farm. This is true more than ever in the tumultuous world of the COVID-19 pandemic
Dec. 9 2019
The median farm household income is forecasted to average $76,191 in 2019. That’s an improvement of 5.1 percent from 2018 levels and 3.2 percent better when adjusted for inflation
June 24 2019
A new bill was introduced in Congress earlier this month with the intention of helping young people who want to farm pay off student loans