Farm Operations
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Evidence of Combine Operation
I have been teased by several readers that there appears to be no evidence that I operated a combine on my farm road trip. Here is a photo of me operating a brand new John Deere Combine on the Hohenberger farmer in Illinois. Now, there is probably no evidence that I performed all combine operations […]
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Last Part of the Farm Trip
On Friday I got early and drove the last 300 miles to Port Allen, LA near Baton Rouge. I met up with Keith and Heath Morris who farm sugar cane in the area. We went out into the field to watch the sugar cane be cut. The harvester only cuts on row at a time. […]
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The Farm Road Trip – Day 2
I posted yesterday that as usual I brought the rain with me to Kansas City, however, I did get to ride the combine for one trip around the field before the rain came and stopped us. Bean yields in the area seem to be pretty good compared to normal. Many fields are yielding in the […]
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My Rain Day
It seems as usual when I come to Kansas City for harvest I always bring the rain with me. Today is no exception and it appears I will spend it driving around checking out the flood damage. The goal is to get some combining in tomorrow up near Mason City, Iowa. I will keep you […]
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Driving or Running A Combine – It Is Still FUN!
I have had a couple of readers tease me about using the term driving a combine. They would normally use the term operate or run, but all I know is that I am looking forward to getting in the combine (and I think all four that I will be in are green for those who […]
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How Would You Like 16,958 Landlords?!
While perusing the Admission Document (similar to our initial public offering document and yes; CPAs do like to read these documents for fun) for Continental Farmers Group, PLC, I noticed that the company farms about 52,000 acres (20,840 hectares) in Western Ukraine. These 52,000 acres are covered by almost 17,000 individual leases (about 3 acres per […]
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FFSC – Day Two (Session Three)
Dr. Barry Dunn, Dean of AG/BIO, South Dakota State University in Brookings, SD gave a presentation on the untapped power of information systems in decision making. Dr. Dunn shared several humorous examples of data overload. He indicated the most powerful tool that he has seen for agriculture is the use of management dashboards for farmers. […]
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Day 1 of the FFSC
As I indicated in my last post, this week I am attending the annual conference of the Farm Financial Standards Council. I got into Sioux Falls this afternoon. We had a reception get together tonight and I was able to meet many of the participants. There about 45 attendees and most of them were there […]
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The Pacific NW Wheat Harvest is Late!
My wife and I rode our motorcycle from Yakima to Lewiston on Thursday with a stop in Walla Walla. Normally this time of year, wheat harvest would be in full throttle, however, I noticed very little harvesting going on that day. I visited with my Uncle and Aunt at their house on Thursday and spoke […]
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How Does Section 1231 Work?
We had a reader ask the following question: “I’m thinking about selling a tract of timber on land that was gifted to me 7 years ago. What can I expect the tax consequences to be? I’m a self-employed farmer.” We have done a couple of posts lately on capital gains treatment of the sale of […]