How Farm Finances Have Changed in 2020

Shifts in the Economic Landscape and Farmer Sentiment

At the start of 2020, sentiment among American farmers was generally optimistic. The first phase of the U.S.-China trade agreement was underway with the U.S.-Mexico-Canada agreement right behind it. Farmer sentiment reached a record high in February and Secretary Perdue stated that Market Facilitation Program (MFP) payments would likely not be needed this year.

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The Accelerated Program: Securing Capital Fast

How to Quickly Access Working Capital with AgAmerica’s Accelerated Loan Program

In 2018, AgAmerica conducted an in-depth consumer insights study with the help of an experience design firm. We performed this analysis in order to better understand the financial needs of the farmers and ranchers we proudly serve. Through this study, AgAmerica found that the most used words by farmers to describe the lending process indicated a general unease when it came to obtaining financing for their operation.

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Performing a SWOT Analysis on Your Farm Operation

Read to learn what a SWOT analysis is and how it can help your farm succeed.

A SWOT analysis is an advantageous strategy when considering any possible changes to a farm operation.  It can also be used to assess past successes and failures while creating future goals. A SWOT analysis organizes thoughts, brainstorms, evaluates and compares potential ideas to bring in additional revenue for a farming or ranching operation. It has the unique ability to show gaps within a business model and highlight possible solutions to existing problems.

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Ag in the News: Ag Business Management Best Practices

Recent USDA news offers insight for managing ag business and farm operation energy use

The USDA is always working to improve agriculture in the U.S. and beyond. These efforts extend to helping small ag businesses expand and succeed. Read more about the latest developments and efforts from the USDA that aim to improve small businesses and ag business management below.Read More

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