Home / Family / Estate Planning / Business planning / Multiple enterprises help young grain farmer with cash flow, networking

Multiple enterprises help young grain farmer with cash flow, networking

Jeff Caldwell 07/11/2010 @ 11:00pm Multimedia Editor for Agriculture.com and Successful Farming magazine.

If grass grew under Eric Towle's feet, he'd find a way to market it. But the young Murdock, Nebraska, farmer would never let so much time pass. He's busy year-round in 4 sideline enterprises along with 750 acres of corn, soybeans, alfalfa and wheat.


The growing season finds him driving his sprayer. In August and September, Eric bales wheat straw to sell to hardware stores and other retailers. By October and November, he's in the combine. In the fall he's also taking back some 150 Angus bulls that he and his grandfather, Gayle, rent to farmers in a 150-mile radius. And, he's taking orders for the seed he sells.


CancelPost Comment
MORE FROM JEFF CALDWELL more +

Dry Getting Drier, Wet Getting Wetter --… By: 04/17/2014 @ 8:37am Rain and snow last weekend and early this week was enough to put a dent in the general drought…

Soybeans blast off on strong processing data By: 04/15/2014 @ 3:27pm Soybean futures topped out Tuesday above $15/bushel for the first time in quite a while on news…

Farm Debt-to-Asset Ratios Lowest in 20 Years… By: 04/15/2014 @ 2:27pm Farm debt has increased a lot over the last two decades. Bad news, right? At the same time, general…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Big Picture: CME Trading Weather