As the historic events of 2020 unfold, AgAmerica’s Chief Economist Dr. John Penson has actively monitored the ongoing economic developments and their potential impact on U.S. agriculture.
For the second consecutive year, AgAmerica is honored to have made Inc. Magazine’s INC 5000 list. This year we’ve ranked #1498 with a growth rate of 294 percent among 5,000 of the fastest-growing privately held companies in the U.S. In our mission to serve the American Farmer, our team has witnessed substantial growth in both talent and volume. AgAmerica has continued to expand in order to better assist those who keep our world sustained, leading us to once again rank in INC. 5000’s list.
From labor shortages to volatility in commodity futures, the global impact of COVID-19 on U.S. agriculture has surfaced, but much remains clouded with uncertainty.
AgAmerica CEO and President, Brian Philpot, recently discussed the changing economic landscape in agriculture from a financial perspective with the voices of the Global Ag Network, Delaney Howell and Mike Pearson. Below are some highlights from the podcast, including how to build working capital to cover input expenses through ongoing uncertainty.
Cash flow is the gross annual income a farm is able to generate throughout the course of a year. Understanding cash flow allows farmers to better assess the working capital in their operation.
Most farmers and ranchers will agree that time is a limited resource that impacts all aspects of their operation. As we’ve come to witness first-hand in working with our nation’s farmers and ranchers, the expectations around the loan application and approval process are rather low and not exactly positive.
On December 14-15, the North Carolina Vegetable Growers Association will host its 33rd Annual Southeast Vegetable & Fruit Expo in Myrtle Beach, South Carolina. The conference will feature educational sessions discussing topics such as, pickling cucumber production, sweet potato production, tomato & pepper production, seedless watermelon, food safety, and more.Read More
As the demand for wood products has remained stable in the almost 20 years of the 21st century, a study by Forest2Market has shown that forest productivity has grown and the idea of dwindling forestland in the south is not so. According to the study, The Historical Perspective on the Relationship between Demand and Forest Productivity in the U.S. South, the same is true for the timber industry. This historical perspective, which was commissioned by Drax Group, plc, the National Alliance of Forest Owners, and the U.S. Endowment for Forestry & Communities, Inc., puts forth a strong case that the biggest threat to forests is urbanization, solidifying the importance of urban forests.Read More
June is cattle convention time in Florida; and it’s a time to explore topics important to the cattle industry in Florida, delegate, network, and have a good time. Slated for June 19th to the 21st at the Omni Championsgate Resort in Orlando, the 2018 Florida Cattlemen’s Association’s Annual Convention promises a lot of information and a great deal of fun for cattle producers from all over the state. See a sneak peak of the convention’s activities and festivities, below.Read More
