Money Minute: Should You Repair or Trade in for New Farm Equipment?

The equipment and machinery used on a farm are as important as the inner cogs and gears of a clock, and everything can grind to a screeching halt on any ag operation when an important piece of equipment is in need of repair. At such a point in time, a farmer or rancher will need to consider whether it makes sense to repair the piece of equipment or to trade it in for new equipment.

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Money Minute: Farm Lending Advice for Growing Organic

To make it in the agriculture industry requires tough skin and an even tougher work ethic, but it is also an industry that abounds with possibilities. Take organics; once seen by many in ag as in conflict with conventional growing methods, many producers have embraced the organics movement. With organic certification, a farm or ranch rejects the use of most synthetic materials, such as pesticides, hormones or antibiotics.

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