Agribusiness Blog

Agribusiness Blog

Farm CPA Today
  • Make Family Meetings Civil Not a War

    As a CPA, I have been involved in many family meetings.  Sometimes, I act as an advisor to the participants.  At other times, I may actually be part of the family that is having the meeting. I remember having a client several years ago that had several children that were actively involved in the business […]

    More

  • Gen X – Gen Y – How Are You Dealing With Them

    In a recent issue of Top Producer magazine, an article was written by Linda Smith about how agricultural managers are dealing with the Gen X and Gen Y generation. I know that being a parent of 4 Gen Y boys that you need to deal with them differently from people from my generation (the baby […]

    More

  • Do You Have Your Rip Cord

     Our CPA firm deals with many newly formed businesses each year.  When two or more people get together to form a business, it is almost like a boyfriend and girlfriend getting together for the first time.  They are usually fairly giddy with excitement over the new venture and look forward to the business being there […]

    More

  • Lack of Data Dooms GRIP & GRP in 1000+ Counties

    Marcia Taylor with DTN/The Progressive Farmer had a great post recently on the elimination of crop insurance under the Group Risk Income Protection (GRIP) and Group Risk Program (GRP) in over 1,000 counties across the US.  The primary reason for eliminating these counties were due to not reporting at least 30 yield reports or 25% […]

    More

  • Strong Farmland Auction Prices Continue

    Mike Walsten from the “Your Precious Land” has posted recently that farmland sold at auctions are still enjoying high prices. Mike also was interviewed on Ag Day last week and one of his interesting comments related to the trend of farmers in the metro Chicago area.  When pricing for development land was very high during the mid […]

    More

  • Legacy by Design

    One of the shows that I have taped on my DVR each day is AgDay.  It comes on in the morning at 6 am and when I get home from work, that is usually the first thing that I watch on TV.  The parent of AgDay, Farm Journal Media has launched a new monthly TV […]

    More

  • Hog Plant Closing = Higher Hog Prices?

    Does the recent announced closing of the hog plant located in Sioux City, Iowa mean that hog prices will increase during 2010.  First, the closing will directly impact 1,500 workers and their families in the area.  Some of them may find work at other plants located in the area, but many will need to find […]

    More

  • What’s Your Basis

    I am a firm proponent of using hedges to lock in your cost of production when you can.  However, you must not just look at what your commodity price is trading at on the relevant exchange.  You need to determine what your basis is and how it compares to the historical trends. Basis is the difference between […]

    More

  • Rural Broadband – Catching up to Urban Broadband?

    Sort of like the photo of my motorcycle at the left, broadband Internet services are much faster than dial up (or in my case a Harley).  Historically, the utilization of broadband Internet services in the rural sector has been much lower than urban areas. In an article in the September, 2009 Amber Waves , several […]

    More

  • Net Operating Loss – Do You Go Back or Go Forward

    Many dairy and other farmers will need to make a decision this year that they may not have had to make for several years.  I would say almost all dairy farmers for 2009 will have a tax operating loss and it may be substantial.  With a net operating loss, the tax laws allow you in […]

    More

Subscribe to Our Email List

* indicates required