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Farm Business Planning

Father and son farmers talking with arms crossed on farm

Tips for young farmers taking over the family farm Tips for young farmers taking over the family farm

Show-Me Life: Your farm transition can be smooth if you heed advice, make plans and persevere.

Sep 29, 2023|

3 Min Read

Farm Business Planning

5 tax mistakes you might be making 5 tax mistakes you might be making

byJessica Groskopf

Sep 29, 2023

3 Min Read

dried cornstalks in field

Farm Business Planning

Fate of unharvested crop depends on estate administration Fate of unharvested crop depends on estate administration

byMark Balzarini

Sep 29, 2023

2 Min Read

Farmer and financial adviser talking in animal farm

Every successful farm needs team of experts Every successful farm needs team of experts

Sep 27, 2023

5 Min Read

scenic farmstead

Living trust or will: What’s the difference?Living trust or will: What’s the difference?

byCurt Ferguson

Sep 26, 2023

4 Min Read

A young farmer near a tractor on a field

Time to transition farm assets to next generation Time to transition farm assets to next generation

Sep 25, 2023

3 Min Read

dollar bills in soil

When will money stop chasing farmland?

When will money stop chasing farmland?

The dollar versus a new currency

The dollar versus a new currency

A family admiring a wheat field

Are you subject to Corporate Transparency Act?

Are you subject to Corporate Transparency Act?

Farmland, barns, silos

Consider options for farm expansion

Consider options for farm expansion

Three generation family standing in wheat field looking at horizon

Dad warns kids: Don’t let money ruin the family

Dad warns kids: Don’t let money ruin the family

drought-stricken cornfield

Answers to your legal questions on drought, grain contracts

Answers to your legal questions on drought, grain contracts

byErin Herbold-Swalwell

Aerial view of farm and fields

Farm Business Planning

Spend wisely on farm insurance

Spend wisely on farm insurance

Gigstad family - Scott, Jessica, Cal and Liesl

Make way for next-gen farmers

Make way for next-gen farmers

byElizabeth Hodges

Lender handing money to customer

Why your lender might change their requirements

Why your lender might change their requirements

close-up of man's hands signing a contract

Farm Business Planning

Why economic loss doctrine matters to farmers

Why economic loss doctrine matters to farmers

byTroy Schneider

Three women posed in front of grain setup

Performance over pedigree

Performance over pedigree

Hand holding money with field in the background

2024 profits likely to tighten, even with smaller cash rents

2024 profits likely to tighten, even with smaller cash rents

byJacqueline Holland

BUILD FARM TEAM: Jessica Groskopf, University of Nebraska Extension economist, says a transition team is key to a successful farm succession plan.

Farm Business Planning

Try these farm transition conversation starters

Try these farm transition conversation starters

Farmer looking into the distance

How to move the strategic plan from vision to reality

How to move the strategic plan from vision to reality

Illustration showing farmer looking out window symbolizing retirement

Farm Business Planning

Reimagine retirement: Build a custom farm succession plan

Reimagine retirement: Build a custom farm succession plan

scenic farmstead

Pros, cons of LLCs on the farm

Pros, cons of LLCs on the farm

byCurt Ferguson

Rows of solar panels in a grassy field.

Conservation & Sustainability

Solar leases, Part 3: Negotiating a solar contract

Solar leases, Part 3: Negotiating a solar contract

byWhitney Haigwood

A hand with a pen filling out a Last Will and Testament

Making or updating will is time, money well spent

Making or updating will is time, money well spent

Farm and silo at sunset

Defective trust can be effective

Defective trust can be effective

byMark Balzarini

Downey family at Heritage Farm Award Ceremony at Iowa State Fair

Celebrating a family farm’s heritage holds a mix of emotions

Celebrating a family farm’s heritage holds a mix of emotions

Farm Progress America, August 17, 2023

Farm Progress America, August 17, 2023

Farm Progress America, August 17, 2023

aerial shot of a hog facility

Diversify your row crop production with pigs

Diversify your row crop production with pigs

bySarah McNaughton

Reviewing loan papers

When the collateral is not there

When the collateral is not there

three guys looking at bolls in a cotton field

Cotton varieties stock a strong portfolio

Cotton varieties stock a strong portfolio

Pictured from left: Todd, Grant, Lonnie and Brad Groves

Farm Business Planning

Manage expectations across family generations

Manage expectations across family generations

A man working on a laptop computer as he stands in a field

Farm record-keeping made easier

Farm record-keeping made easier

Cropped shot of two unrecognizable men completing a puzzle

Farm Business Planning

Juggle the pieces of a transition plan

Juggle the pieces of a transition plan

Iowa farmland

Iowa farmland market prices continue to be stable

Iowa farmland market prices continue to be stable

Farmer discussing soybean cyst nematode in field to attendees

Farm Business Planning

Generation makes difference in transition planning

Generation makes difference in transition planning

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