By: Paul Dietmann Senior Lending Specialist, Compeer Financial As they begin the process of searching for their first farm, the question of affordability arises in the minds of farmers. Should they be looking at farms in the $300-400,000 range, or can they afford something priced at $800-900,000? The answer to this question consists of three […]
New Year’s Resolutions
By Dr. David M. Kohl Commentary, wisdom, and perspectives from globally renowned agricultural economist, Dr. David M. Kohl. Farm Credit Illinois (FCI) partners with Dr. Kohl to provide learning resources to farm families. The end of harvest marks the beginning of personal, business, and family resolutions for the coming year. While many personal resolutions such […]
The Most Important Tool on the Farm
Farm records are the most important tool to have on your farm. Most farmers just use them for taxes, but they can offer you so much more than tax planning. Utilizing your records to do the 7 things we share in this post will help you reduce your risk and make your farming operation more profitable.
Financial Risk Management for Specialty Crop Farmers
Financial Risk Management for Specialty Crop Producers was developed to provide an in-depth exploration of maintaining, refining, and growing a farm business. It is designed specifically for specialty crop producers with a few years of experience running a farm business, though the information is applicable to farmers at many stages of development. Written by experienced […]
QuickBooks Basics – Fact Sheet
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Sales and Taxes
Nothing is certain in life except death and taxes. This module will make sure you know what taxes you need to be collecting on which products. Download the Curriculum Download the PowerPoint Sales Module: Sales Basics from Rachel Armstrong on Vimeo. Sales Module: CSA Video from Rachel Armstrong on Vimeo. See All Modules