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How the Boot Camp can make you a better business manager

Network with other farmers and build your financial skills at our Ag Finance Boot Camp, coming June 15.

Mike Wilson, Senior Executive Editor

April 16, 2021

3 Min Read
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Does your farm develop a monthly or quarterly cash flow statement? Do the leaders in your operation know how to analyze farm growth opportunities? Are you wondering about the best use of working capital as it relates to your farm’s debt, capital asset needs, and income taxes?

Those are some of the topics we’ll be touching on live at the 2021 Ag Finance Boot Camp, to be held June 15 at the Coralville Marriott Hotel and Conference Center just outside Iowa City.

This is a national educational workshop and everyone is welcome. The Ag Finance Boot Camp teaches more than just money management. It educates farm families on how to become better business managers. This high energy workshop offers top-level training and plenty of opportunities to engage with presenters.

Related: Around Farm Progress shares insight on the Farm Futures Summit

Here are some of the sessions we have planned for farmers, family members and others on your farm team:

  • How to become a more financially forward-focused operation

  • Rebuilding your balance sheet: How to evaluate your farm's financial health

  • Are tax changes coming? What to watch for in estate planning, stepped-up basis, other potential rule changes

  • How to use financial projections to make smarter decisions

  • Setting priorities for coming profits

  • What your banker wishes you would do differently

  • Investment decisions: Replenish liquidity or go deeper in debt?

  • How to monitor and use costs of production to inform marketing decisions and manage risks

  • Why accrual accounting is even more important when times are good than bad

Nationally recognized speaker team

The boot camp will be led by CliftonLarsonAllen CPA Paul Neiffer, well-known for his farm business advice at Farm CPA Today; Curt Covington, AgAmerica Lending senior director of institutional lending; Ashley Arrington, real estate division director at ARMLend; and AgMarket.Net hedging strategist Bill Biedermann.

Here’s your chance to improve your skills and discover, together with other growers, better ways to manage your farm like a business. Register at: farmfuturessummit.com.

The Boot Camp takes place one day prior to the Farm Futures Business Summit, to be held at the same venue June 16-17. The summit speaker lineup can be found at the same website, and is packed with dynamic presentations sure to re-ignite your passion for agriculture.

Bring your whole crew and register for both events. See you in Iowa!

Want to save 20% on the 2021 Farm Futures Summit? When you register at farmfuturessummit.com use the promo code FFLIVE.

Learn more about Farm Futures Summit

  • In-person learning is back - It’s time to reconnect with each other and re-ignite your passion for agriculture.

  • Former ag trade negotiator to share China insights at summit - Pull up a chair and listen in as Gregg Doud, former U.S. Trade Ambassador and one of the primary architects of the U.S.-China Phase One trade deal, shares his view of China and future ag exports at the upcoming Farm Futures Business Summit.

  • Farm Futures Summit returns with in-person meetings - Is it time to meet old friends, learn a few new things, and sharpen up your farm management skillset? You bet it is, and we’re here to help. After long months of isolation the 2021 Farm Futures Business Summit is set to go live June 16-17 at the Coralville Marriott Hotel and Conference Center just outside Iowa City. 

  • Wittman to offer proven strategies to solve farm management problems - Dick Wittman is the keynote speaker for the upcoming Farm Futures Business Summit. Wittman, an Idaho rancher and farm management consultant, will offer his take on the best ways to professionalize the family farm, a hot topic these days as farms look to pass the business to younger generations.

About the Author

Mike Wilson

Senior Executive Editor, Farm Progress

Mike Wilson is the senior executive editor for Farm Progress. He grew up on a grain and livestock farm in Ogle County, Ill., and earned a bachelor's degree in agricultural journalism from the University of Illinois. He was twice named Writer of the Year by the American Agricultural Editors’ Association and is a past president of the organization. He is also past president of the International Federation of Agricultural Journalists, a global association of communicators specializing in agriculture. He has covered agriculture in 35 countries.

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