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Advisors urge farmers to use tax data for broader financial planning

Advisors urge farmers to use tax data for broader financial planning

Farm financial records can offer more than a snapshot of past performance: they can serve as a roadmap for future decisions, according to agricultural finance experts. As producers prepare tax returns for filing this week, advisors say the process provides an opportunity to evaluate profitability, manage risk and plan for long-term sustainability. A key step is ensuring farm records align with official tax documents, a process known as “matching,” which helps identify discrepancies and improve...

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Nutrien programs offer revenue paths for Iowa growers

Nutrien programs offer revenue paths for Iowa growers

Iowa farmers looking for ways to improve profitability may have another opportunity through sustainability programs that reward management decisions already happening in many corn and soybean systems. Sally Fliss with Nutrien says the company’s FarmSmart programs are...

Rural America needs more ag tax professionals

Rural America needs more ag tax professionals

Tax season can be a stressful time of year, and that is especially true for farm country. As the number of tax preparers who are familiar with the unique complexities of agricultural income declines, a new program from Iowa State University is being developed to offer...

Rising farmer sentiment in March surprised some industry experts

Rising farmer sentiment in March surprised some industry experts

Despite rapidly rising input prices for farmers the March Purdue University/CME Group Ag Economy Barometer registered a rise in producer sentiment. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, says the rising March...

AFBF continues to push for new farm bill

AFBF continues to push for new farm bill

The American Farm Bureau Federation is urging Congress to continue work on a new farm bill. More than one month ago, the House Agriculture Committee passed the Farm, Food, and National Security Act on a bipartisan basis. Brian Glenn, director of government affairs for...

NCGA survey shows rising alarm over fertilizer costs

NCGA survey shows rising alarm over fertilizer costs

U.S. corn farmers are growing increasingly concerned about fertilizer affordability and availability, with worries extending beyond the current planting season. That’s according to new survey results released by the National Corn Growers Association. Surveys conducted...

Spring volatility gives way to El Niño watch

Spring volatility gives way to El Niño watch

Spring weather across Iowa and much of the Midwest has been delivering the kind of rapid temperature swings farmers know all too well. Warm afternoons that hint at an early planting push have quickly been followed by colder air, gusty winds, and even lingering shots...

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Rural America needs more ag tax professionals

Rural America needs more ag tax professionals

Tax season can be a stressful time of year, and that is especially true for farm country. As the number of tax preparers who are familiar with the unique complexities of agricultural income declines, a new program from Iowa State University is being developed to offer...

AFBF continues to push for new farm bill

AFBF continues to push for new farm bill

The American Farm Bureau Federation is urging Congress to continue work on a new farm bill. More than one month ago, the House Agriculture Committee passed the Farm, Food, and National Security Act on a bipartisan basis. Brian Glenn, director of government affairs for...