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Tag Archive: "farming operations"

Minimize Your Fixed Cost Amortization to Maximize Your Profits

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February 9th, 2010

To maximize your profit for your farm, it is very important to determine what your annual fixed costs are and determine if you are maximizing your amortization of these costs on your farm.  Fixed costs are those costs that do not materially change with production increases and decreases.    Some examples of fixed costs are: […]

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Make Family Meetings Civil Not a War

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February 9th, 2010

As a CPA, I have been involved in many family meetings.  Sometimes, I act as an advisor to the participants.  At other times, I may actually be part of the family that is having the meeting. I remember having a client several years ago that had several children that were actively involved in the business […]

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Farm Lending–Which Type Are You?

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February 8th, 2009

David Kohl, ag lending consulting, divides target farmers and ranchers for future agricultural lending into four categories and percentages: 10 percent approaching $600,000 in annual revenues and planning to grow this toward $1.5 million in revenue 30 percent that will be scaling down to a rural “lifestylers” or those commonly living on five to twenty […]

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    Photo of 140 bpa wheat near Walla Walla pic.twitter.com/YsA2wPt1iH

    30 mins ago

    Corn does well in Washington state. 55 at night 95 during the day plus irrigation 1 day ago

    If average cash rents drop $50 this fall and cash return is 2% equals drop in average land values of $2,500. We shall see. 2 days ago

    2 years ago corn + beans + wheat was almost $40. Now it is under $20. 2 days ago

    Great time with @MRRChip today on Market Rally talking about the new farm bill. 3 days ago

    Drove over 2,000 miles in last 12 days. Saw a lot of good looking corn. Beans not so much 5 days ago

    When you drive through Minnesota, South Dakota and Iowa this time of year you see a lot of corn and beans and not much else 2 weeks ago

    Possible another reason for high US corn yield estimates is acres switched to beans were lower yield corn acres 2 weeks ago

    Don't understand why nobody claims the USDA manipulates the data when the report is bullish 2 weeks ago

    USDA pegged lower corn production but if yields trends continue this will quickly change to production increase. 2 weeks ago