Farm Operations
-
Why Use An LLC?
Many farm operations operate as corporations. In most cases, an LLC may have been the better option.
-
Will PLC Have Payment Cap in Next Farm Bill?
There is no payment cap on PLC payments. This has cost FSA about an extra $1 billion for the 2014 and 2015 crop year and with the large expected wheat PLC payments this October it will go higher. Will the next Farm Bill have a cap on these payments?
-
Electronic Communications From Cooperatives
As technology advances, the communication of cooperatives to members can get either more complicated or easier.
-
Don’t Expect Much ARC or PLC Corn or Soybean Payments in 2018/19
Many corn belt farmers will have received close to $200 per acre in corn ARC payments by the end of this year, but don’t expect any over the next two years.
-
House Proposes ACA Replacement – A Battle Begins
The House released their long awaited proposal on replacing Obama Care. The battle to get this done is now beginning.
-
Trends in Working Capital
FarmDoc Daily issued a report yesterday showing working capital trends over the last 10 years. As expected, they peaked in 2012 and have dropped quite a bit since then.
-
Great News on Section 179 For FSA AGI Purposes
FSA was not allowing Section 179 as a deduction for certain entities when calculation average adjusted gross income limitations. However, after being involved in two FSA appeals last year, FSA has now updated their handbook to allow full Section 179 deduction. This may be very welcome news for any farmer that had their payment rejected solely due to Section 179 not being allowed.
-
Your Farm Financial Reporting Scorecard?
Since I am speaking at the Ag Boot Camp today I thought I would check with our readers on their farm financial reporting scorecard and see how they are doing.
-
Where’s Paul?
This is a very hectic time of year for me with doing seminars, so I thought I would update everyone where I will be over the next few weeks.
-
Farm Financial Standards Council Financial Guidelines
The Farm Financial Standards Council issues new guidelines each year. The latest is now available on their website.