Farm Budgeting and Risk Management

Farming is an industry of abundant reward yet frequent risks.

The unpredictability of the agricultural industry combined with its essentiality makes it both volatile and steady in nature. Farmers have the freedom to be their own boss, are an integral part of society, and can rest assured knowing that their work will always be needed. However, with this freedom and sense of purpose come unforeseen roadblocks—many of which are outside a farmer’s control.Read More

Read More

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.

Read More

Read More

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.

Read More

Read More

(Infographic) The U.S. Farm Labor Shortage

The impact of the farm labor shortage on U.S. agriculture.

As of 2016, hired farm workers made up 35.3 percent of the total hours worked on a farming operation, second only to the principal operator. These workers perform essential daily tasks needed to keep a successful farm running, such as caring for livestock, working in the fields, and maintaining farm machinery. As the population of farm labor continues to decline, primary operators are feeling the pressure to find alternative solutions to keep up with production for the growing demand of fresh produce.

Read More

Read More

12 Common Documents Needed for a Land Loan

Know what documents are required when applying for an agricultural loan.

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.

Read More

Read More

Year-End Tax Tips for Farmers and Ranchers

Discover 8 tax tips for the new year.

As the end of the year approaches, it’s the perfect time to begin organizing your receipts and financial paperwork to prepare for the upcoming tax season. The tax filing deadline for Federal Income Tax Returns is Monday, April 15, 2019.Read More

Read More

×