While reading your daily Ag news outlet of choice, you probably won’t see near as many stories about peanuts as you do about corn, soybeans, wheat, and cattle. Well don’t fret because you are about to get the down low on peanuts. Peanuts can be found throughout the U.S., but they are one of the most predominant crops found in the South. Now let’s … [Read more...]
5 Steps Beyond Your Basic Financial Plan at Tomorrow’s Top Producer
I am very excited to be a part of Tomorrow's Top Producer Conference this year. This is their first 2 day conference for Next Generation Farmers. As someone who devotes a lot of time working with the young farm generation, I couldn't be happier to be a part of the event. The conference could not be at a better location either, … [Read more...]
You made a plan for the year, now what?
So, you sat down and made this amazing plan at the beginning of the year. Right?! You projected your income, set a budget, updated your financial statement, and ran some possible scenarios. Well, now that the crop year has begun are you following the plan? Is there a reason why you can’t? Has something changed? Why go to all the … [Read more...]
Farming in Georgia, Y’all it is Different
How people farm as well as what people grow varies from country to country, state to state, county to county, and farm to farm. It is easy to acknowledge only our own backyards. When talking about how different other areas, or forms of agriculture are, we also need to recognize how different we are in the eyes of others looking at us! So, let me … [Read more...]
Making changes? Start with what you can most easily control!
There are a lot of things in farming that are beyond all of our control. Prices, weather, and global issues just to name a few items that we can't begin to try to control. There are most certainly steps you can take to mitigate your risk and control as much as you can, but you have never have total control over certain things. So when times … [Read more...]
Tough Times Call For Tough Decisions
Tough times call for tough decisions, especially when it comes to debt. In tough and trying times such as these you may find yourself making decisions you made have not made under other circumstances. You may decide to cut some corners you may not have even thought about in the past or restructure debt in a way that would have made you cringe in … [Read more...]
How To Deal With Market Uncertainty
Don’t let what you don’t know get in the way of what you do know! I am writing this for all those I have talked to in the past couple of weeks who are so worried about things they can't change that they are not working on the things they can. Do not lose sight of what you know and what you have already accomplished. Jump out the slump and dig … [Read more...]
Calling- Next and Current Generation Farmers! This is for both of you!
I want to address two different groups in this post. First, the young next generation farmers who are learning all they need to one day take over the reigns. Then the current generation who are responsible for teaching the next generation how to take those reigns to run an operationally and financially sound farm. The Up and Comers First, one … [Read more...]
Why All the Fuss About Equity?
I know this is how a lot of farmers are feeling right now. Why am I hearing SO much about equity right now?! No doubt equity has always been an important factor in assessing the financial condition of a farm operation, but with commodity prices making cash flow tight - equity could be the saving grace. When cash flow and ability to … [Read more...]
How to make it through 2017
We are all very aware that 2017 will require some planning to make it through. The current price environment is making everyone take a hard second and third look at their current operation. In talking with farmers the question that I have been getting the most (or hearing the most as many have been asking multiple people) is " How are we going to … [Read more...]
