Finance
What’s the Advantage of Working with Different Ag Lenders?
Utilizing the right financing options available is incredibly important to all farming operations. Having the right financing in place is key to ensuring that your operation runs smoothly and is financially stable. As such, the relationship between an ag operation and its lender is quite important.
7 Ways to Potentially Reduce Tax Liability for Your Ag Operation
As you prepare to meet with your accountant at the end of the year, your primary goal is likely to reduce your tax liability ahead of the coming year. To achieve this as a cash basis taxpayer, there are a number of available tax liability reduction strategies to consider and discuss with your accoun
Fixed Rate vs. Variable Rates: Which Is Better?
When in the market for an Ag land loan, farmers are confronted with many important questions. One such question is whether to take out a farm land loan with a fixed or variable interest rate. When making this choice, it's important to know the difference between the two and why different types of lo
New Guide: 6 Ways to Increase the Value of Your Farmland
[Click here to access the 6 Ways to Increase the Value of Your Farmland guide.] With farmland values rising in today’s competitive market, many farmers are exploring ways to optimize their property values by making improvements to their acreage and enhancing its appeal to potential buyers. The free
FBN® Finance Launches Instant Approvals for Equipment Financing
Purchasing equipment can be prohibitively expensive and capital-intensive, especially in a market where used equipment is in high demand. Equipment loans can help farmers buy the equipment they need to improve efficiency in their operations — without putting a strain on current budget or cash flow —
How to Build a Farm Budget
Every day, farm managers face critical decisions that affect their operation’s financial situation. Selling crops, buying equipment, adopting a new production practice and purchasing inputs are just a few examples of choices influencing profitability at the year's end. A farm budget can help farmers
Veteran Farmers Financial Programs and Resources
There are a number of financial, educational and business development resources available for veterans interested in learning about farm programs. Here is a list of a few helpful resources that could benefit your ag operation: Financial Resources Grant and loan programs for military veterans offer u
When Should You Repair vs. Replace Farm Equipment?
Equipment is likely one of your largest farm assets and plays a critical role in maximizing your operation’s profitability potential. But when equipment isn’t performing as it should, you’re faced with a tough decision: repair or replace? Every situation is different, so it’s important to evaluate t
5 Retirement Plan Options for Farmers
Farmers often have complex financial and tax situations that require thoughtful consideration as retirement or succession planning approaches. Retirement may affect a farmer’s personal finances as well as the family business’ finances and estate planning. Diversifying the investment portfolio can he
November Federal Reserve Meeting: Interest Rates Hold Steady
Today the Federal Reserve announced it will not raise interest rates, though signs did indicate a growing likelihood of another increase before the end of 2023. For now, however, rates will continue to remain steady for at least the next six weeks as the Fed waits to see the full economic impact of