Agriculture Posts

Impact of Tax Legislation on the Farm and Ranch Industry

The Tax Cuts and Jobs Act (TCJA)—a sweeping update to the U.S. tax code—was signed into law at the end of 2017. A recent article published by Successful Farming offers an overview of how the TCJA is expected to impact the farm and ranch industry. Readers should bear in mind that it is impossible …

Blockchain in Agriculture

The everyday consumer is more mindful of the products they are buying, which is why it is time for the agriculture industry to invest in blockchain technology.
This article discusses using blockchain to increase transparency along agricultural supply chains.
To view this article, click the following link to access the original content.
https://www.forbes.com/sites/andrewarnold/2018/09/14/the-agricultural-supply-chain-can-massively-benefit-from-blockchain/#728c23261902

Growth Begins With Quality and Regulation Compliance

Customer satisfaction in the agricultural industry relies upon the most basic principles of food quality and regulation compliance.
This article discusses the many changing consumer trends that can be handled by basic business foundations, and how to use these foundations successfully.
To view this article, click the following link to access the original content.
https://www.manufacturing.net/article/2018/08/beyond-back-basics-food-quality-and-regulation-compliance-provide-foundation-growth

Trade Tensions Hitting Agriculture

Farmers across America are anxiously watching the results of the current trade war with China that has caused agricultural market prices and the Chinese economy to fall.
This article discusses what you should consider as the trade war continues, and the importance of being patient.
To view this article, click the following link to access the …

Tips to Lower Cash Rent

Agricultural producers can rely on transparency to get fair prices for lands needed to produce goods.
This article discusses three tips producers can utilize to lower farmland cash rent.
To view this article, click the following link to access the original content.
https://www.agweb.com/article/three-tips-to-lower-farmland-cash-rent/

Cutting Input Costs Without Giving Up Yield

Experts are warning farmers of cutting yield during periods of low commodity prices.
This article discusses nine ways you can reduce your production costs while maintaining solid levels of yield.
To view this article, click the following link to access the original content.
https://www.agweb.com/article/9-ways-to-cut-input-costs-without-sacrificing-yield/

Farmers Remaining Optimistic

The agricultural economy appears strong, and industry leaders are confident that growth will remain steady.
This article explains the current farm bills in Congress and the future outlook of the agricultural industry.
To view this article, click the following link to access the original content.
https://www.agriculture.com/news/business/us-farmers-remain-optimistic-on-economy-survey-shows

Using Data in Agriculture

While the agricultural industry may be hesitant to change, new solutions from analyzing data can lead to economic and environmental benefits.
This article discusses the need for increasing efficiency and sustainability through data analytics.
To view this article, click the following link to access the original content.
http://www.kansascity.com/opinion/readers-opinion/guest-commentary/article211624949.html

Important Succession Plan Considerations

Succession planning is a long-term job. In order to avoid struggles in this area, Sara Schafer offers five steps for successful succession planning:

Cultivate a strong and focused management team.
Maintain an accurate assessment of the business value of your farm.
Conduct an audit of the power structure of your business.
Regularly assess and …

Digital Farming

The future of agriculture lies in digital farming, which will promote the integration of digital technology into current farming practices.
This article discusses the core concepts of digital farming and why the agricultural industry must integrate soon.
To view this article, click the following link to access the original content.
http://www.precisionag.com/service-providers/business-management/7-factors-that-could-make-or-break-digital-farming/