With the ever-increasing importance of farming—and the unique challenges that go with it—farm financial management and decision making has never been more important.
Actor, cowboy, and newspaper columnist Will Rogers once said, “The farmer has to be an optimist or he wouldn’t still be a farmer.” It’s a sentiment that’s as true today as it was during Rogers’ lifetime in the first half of the 1900s. It seems that farming gets tougher and tougher every year, and a growing world population that’s forecast to increase food demand anywhere from 59% to 98% by 2050 only adds greater responsibility to the job. With the pressures and demands of the industry, we at AgAmerica wondered how the nation’s growers and producers go about making farm financial management decisions. We surveyed growers from across the nation and published a whitepaper, Decision-Making Success: Making Smart Financial Management Decisions for Your Farm. Read a summary of it below, and find a link to the full paper.Read More