Finance

Finance

Time to put on the accounting visor! Even the simplest operations can have highly complicated budgets. Keeping yours in the black means staying on top of everything, from grain marketing, rebates, and rent to government programs, equipment and product purchases, succession planning, and more.

4K badge
Watch free Share
Finance
  • Online Ag Input Retailing — Is This Where We’re Headed? | Damian Mason

    The Amazon effect is coming to Agriculture. In fact, it’s already here. If you need something on your farm, chances are you can order it up on your smart phone and have it by the end of the week. Even chemicals, seed, and fertilizer. But will Ag retail go away? Not likely, given the proximity, re...

  • March 31, 2023 | Market Journal

    This week we're coming to you from downtown Lincoln as we get an inside look at the 2023 Nebraska State FFA Convention. Land values in Nebraska continue to rise. UNL Ag Systems Economist Jim Jansen shares the latest numbers with us. We also have the latest updates on the markets and weather. Plus...

  • Is Your Butterfly Net Ready To Catch Climate Cash? | Damian Mason

    All indications are, money is going to be blowing into Agriculture from a myriad of sources over the next year, largely in the form of environmentalism. Is this trend for real? Will the funds come from a new Farm Bill? Are corporate players truly investing in Ag or just covering their tales in th...

  • March 24, 2023 | Market Journal

    Cattle manure can improve soil health and provide yield stability and reliability. Manure contains an abundance of macro and micronutrients that are essential for plant growth. However, to achieve a sustainable and reliable yield, it's important to optimize the use of both manure and inorganic fe...

  • Cattle Feeder Discusses Cattle Markets, Black Swans & Country of Origin Label

    This week, we caught up with one of our regular cattle market analysts.

    We traveled out to Briggs' feedyard near Seward,Nebraska on Wednesday to get Mike Briggs take on the cattle complex.

  • Nugget - Relationships Matter | AgrisAcademy

    Natural markets to your operation are relatively few. Build relationships with your buyers. You want to be the one that gets that call when a strong basis comes for filling an emergency need. When challenges arrive, you want a partner in a solution.

  • March 17, 2023 | Market Journal

    If you're new to the marketing game, it can seem intimidating at times. At this year's women in ag event, Britany Wondercheck, also known to her followers as "The Farm Girl Next Door", led a workshop titled take the intimidation out of grain marketing.

    Earlier this year the Market Journal team ...

  • Where Are the Grain Markets Going? | Grain IQ

    We’ve seen the grain markets have been active lately, leading to numerous questions for grain producers.

    Market analysts Darin Newsom of Darin Newsom Analysis and Wade Stevens of Agriculture Risk Consulting (ARC) Group join us today Grain IQ to discuss the recent movements in the markets.

    Thi...

  • Why North American Ag Must Wean Itself Off China | Damian Mason

    North American Agriculture has benefited greatly by China’s rise during the last couple decades. But, as you’ve heard, all good things must come to an end and in this case, the end might not end well. Tensions between China and the west — particularly the United States — have ramped up. And frank...

  • Nugget - Forward Basis is Lazy | AgrisAcademy

  • Private Equity Focused on Funding Agriculture | Damian Mason

    A few years ago, it seemed that capital was on every corner looking for a place to invest. But even in those cash-rich days, not a lot of investors looked at Agriculture as an investment objective — aside from biological crop inputs and technology. Then there is Open Prairie, an Illinois-based pr...

  • Myth Buster - My Neighbor Trades Better Than Me | AgrisAcademy

    Referencing previous videos, we come back to the conclusion it is highly unlikely that your neighbor CONSISTENTLY sells futures better than you.

  • Nugget - Always Deliver On A Contract | AgrisAcademy

    Buyers like contracts and so should you. Grain that is sent to the buyer spot and even over fills of contracts often have a lower basis. Make sure you negotiate a basis on all delivered bushels.

  • Adding Margin & Diversifying Farm Income via Direct-to-Consumer Ag| Damian Mason

    Kelly Garrett is an entrepreneurial farmer from western Iowa. His business interests include farming, trucking, plant food distribution, ag retail, and now: direct to consumer beef. Kelly joins me to discuss the motivation behind creating GLC Beef and the opportunities for increasing profit margi...

  • Nugget - Cents Per Bushel Matter | AgrisAcademy

    There is no one silver bullet that will improve your merchandising and risk management performance. A series of small gain will add up. The best part is real learning is repeatable year after year!

  • Technical Skills - How Prices Are Developed | AgrisAcademy

  • Connecting Customers to Markets | Damian Mason

    The Business of Agriculture trades commodities. We produce them, buy them, sell them, and process them to make products for our end users. But who does all this trading and who ultimately, uses the goods we make? Dave Smoldt and Kyle Schrad with StoneX Financial give us a behind the scenes look a...

  • Record Farm Income 2022 — What It Means & What You Should Do | Damian Mason

    U.S. net farm income set a record in 2022, up 14% from 2021 to $160.5 billion. To put it mildly, things in Ag are good financially speaking. 2022’s farm income number is double what it was just 3 years ago during the China - U.S. trade spat. What does this mean for those of us who earn our living...

  • 2023: The Most Expensive Crop Ever Planted | Damian Mason

    Shay Foulk with Ag View Solutions predicts cost of corn production for 2023 will average $5.35 per bushel. That number is an all time high and it’s due to an increase in every crop input from nitrogen to diesel to labor. The story is the same for the other major commodity of soybeans, and presuma...

  • The Pros & Cons of Prepay | Ag PhD

    Why do some farmers buy their fertilizer, seed, and herbicides extra early? There is great benefit to this method, Brian and Darren walk you through the profit and pitfalls of the farm prepay procedure.

  • Denmark's Farrowing Crates to America's Feed Additives | Damian Mason

    Lasse Jakobsen was born in Denmark, now the Millennial heads up U.S. business development for the company his grandfather created to serve European hog production. Today, Protekta is a joint venture with a Danish organization that produces feed additives, among other things, for pork, poultry, an...

  • Renewable Diesel — Will We Really Need 18 Million More Acres? | Damian Mason

    Renewable diesel is the new buzz talk everywhere in Agriculture. Will its take off and reality match the fervor in farm circle discussions? Will the tax credits giving RD lift off remain with us? Will more biofuel fuel the “no food for fuel” debate? Well, yes, that’s almost a guarantee! Mac Marsh...

  • The Scoop on Shipping and Transportation (What It Means for Ag!) | Damian Mason

    We began incessantly hearing the words “supply chain” a year after we’d already been feeling the brunt of its breakdown. In Agriculture it became noticeable when meat and milk processing plants closed or couldn’t convert to a new product mix during shutdowns. Then it moved to a supply problem, me...

  • Money In Ag — A Mid 2022 Perspective | Damian Mason

    Farm land prices are up. A lot! So are interest rates, input prices, and diesel fuel. What does all this mean heading into fall and for 2023? Should you buy acres to expand your Ag enterprise in this environment? How will a doubling of operating loan interest rates impact your bottom line. Jarod ...