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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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South American Weather and Crop Update (8-8-23)

South American Weather and Crop Update (8-8-23)

The forecast is still very open for harvest to make good progress in Brazil and Argentina. Allendale commodity broker Greg McBride provided an update on the latest South American weather conditions.McBride said Brazil’s harvest progress is slightly behind, but they’re...

Statewide crop conditions update

Statewide crop conditions update

Looking statewide at the Iowa crop conditions, there’s definitely been a lack of moisture lately. Hopefully, the recent weather patterns are providing an indication of wetter weather to come this month. But as for the current crop conditions, Kevin Sullivan of the...

National FFA membership reaches all-time high

National FFA membership reaches all-time high

The National FFA Organization Monday announced a record-high student membership of 945,988, an increase of 11 percent from last year. In addition, the number of FFA chapters continues to grow — increasing by 168 this year, resulting in 9,163 chapters in the U.S.,...

EATS Act is seeing pushback. Where do we go from here? (Part 2)

EATS Act is seeing pushback. Where do we go from here? (Part 2)

We talked last week with Iowa Senator Joni Ernst about where the Ending Agricultural Trade Suppression (EATS) Act stands in the Senate. We also talked about the concerns that some are having with the fine print.One of those groups that is concerned is the Organization...

New tool in the fight against the “billion dollar pest”

New tool in the fight against the “billion dollar pest”

Throughout the Midwest and the Corn Belt corn root worms are known as “the billion dollar pest.” Here in the state of Iowa corn root worms live up to that moniker by robbing yields through damaging corn roots each growing season. And it doesn’t help that Iowa has the...

Celebrity chef tours South Dakota to promote U.S. beef in Japan

Japanese celebrity chef and social media influencer Rika Yukimasa recently spent a week traveling South Dakota with the U.S. Meat Export Federation and the South Dakota Beef Council, visiting ranches, restaurants, and butcher shops. The trip was the latest effort of...

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