Finances

Manage farm family finances with these financial strategies. In this section, you’ll also find tips for audits, tax preparation, budgeting, and managing living expenses.

Tips for Managing Your Farm Finances

Here are some of the things you will need to know to effectively manage farm finances to ensure profitability.

Farmers exchanging money in a soybean field.

Article

5 Ways to Save Yield While Cutting Costs

The need to save every bushel or cut every buck is essential during this era of break-your-back breakeven prices when making a few dollars an acre is considered a good year.

Article

4 Ways to Reboot Your Farming Operation

Analyze these four areas of your operation to find ways to reduce debt as well as operating costs, or to increase revenue.

A farmer standing in his field with a combine in the background.

Article

Top Shops

Huge Jump Start Comes in a Small Package

By Top Shops

The use of lithium-ion phosphate batteries cut the weight of the Crankenstein jump starter by 80%.

Article

Successful Farming TV Show

Unique Farmall B+ Tractor

By Ageless Iron

Dave Mowitz is curious to find out what makes this Farmall a B+.

Video

Women in Agriculture

How to Raise a Farm Family in the City

By Women in Agriculture

When my husband and I found out we were expecting a baby, a troubling thought struck me: How am I supposed to raise my child without living on a farm?

Article

Farm Fraud Is for Real

“Trust but verify” was one of Ronald Reagan’s favorite sayings.

Article

Six Tax Mistakes for Farmers to Avoid

After the year is over, it’s pretty much too late to do any significant tax planning, like purchase equipment or defer revenue.

Article

Median Income Doesn’t Reflect Farm Economy, Economist Says

Median farm income is perhaps a measure that best describes the structure and demographics of U.S. farms, rather than the health of the U.S. farm economy.

Article

Weathering a Financial Storm

Understand the conditions bringing the proverbial rainy day – or a not-so-natural disaster – and hang on.

Article

Gray Skies Over Farm Country

Lenders, economists, and the government are equally dour about the economic outlook for agriculture.

A farmer looking at paperwork in a field.

Article

The Major Players in Agri-Finance

Here are some of the big players in the agri-finance universe, including banks, nonbank finance companies, farmer-owned lending co-ops, REITs, private equity funds, and pension funds.