Agribusiness Blog

Agribusiness Blog

Farm CPA Today
  • Comments, Comments, Comments

    Important Message to Readers In the last few days, it has become apparent that I was not setting up the comments section for my postings.  In most cases, this probably means that you were either unable to make a comment or could not find where to comment or it was just too confusing to post […]

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  • How’s the Local Economy

    I was at a local two hour seminar this morning on how the banking and real estate economies are doing.  Our area here is very much like most of my readers I am presuming.  It is very much agriculturally based and when the boom times in the housing market in 2002-2006 were going on, we […]

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  • 5 + 5 + 5 = Home Run

    Many farmers do a good job of benchmarking their operations to other operations in the same state of region.  By doing this benchmarking, they are able to see where they are either behind or ahead of other farmers.  Some get discouraged trying to get out of the middle range into the top 20%.  Most think […]

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  • What’s Your Working Capital to Revenue Ratio

    There is a saying in business that a company does not go out of business from a lack of net worth, but from a lack of cash.  An important measure of this “business cash” is to determine your working capital divided by your gross revenues.  The higher this number is, the more “business cash” you […]

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  • Living With A Wind Turbine in Your Back Yard

    Most of the wind turbines located in the United States are probably located on farm land or near farm land.  DTN – The Progressive Farmer just posted a recent article on “living in the shadow of wind generators”.  This posting had several points regarding putting wind turbines on your land.  Some of the key thoughts […]

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  • Crop Insurance Competition – Is it Real?

    Bruce Babcock, an economist at Iowa State University, recently prepared an extensive report on competition in the crop insurance industry.  With all of this year’s crop delays in getting corn and beans harvested this fall, you may get to know your crop insurance agent better in the next couple of months.  You are probably hoping […]

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  • What About 2010 Roth Conversions

    The ROTH IRA has been around for many years.  For many farmers and others that have income over $100,000 annually, they have either been unable to contribute to a ROTH IRA or convert a regular IRA to a ROTH IRA. Starting in 2010, these rules are changing for ROTH IRA’s.  Here are 6 things that you […]

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  • Extension & Expansion of Homebuyer Credit

     The Senate appears to be moving closer to passing a bill to extend and expand the homeowners credit to purchase a home.  This credit was designed to help stimulate the housing market and I know in our area (which tends to have moderate to lower priced homes) that this credit is probably responsible for most […]

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  • Farmer as CFO

    My friend Alex Tiller recently had a great post on how a farmer must be a good CFO in order to be a successful farmer in today’s complex financial world.  As I quote him “Most ag producers are their own chief financial officer”. Most farmers are doing this job right now, but many of them do […]

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  • Warren Buys Burlington Northern

    Growing up on our wheat farm in Walla Walla County in Washington state, we had a small railroad trestle that went over Dry Creek behind our house.  The local train would come by in the morning headed to Dayton to pick up freight and then would head back to Walla Walla in the afternoon.  Most […]

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