Ag Industry Trends & Outlooks

Crop insurance is one of the most important tools you can have in your proverbial “toolbox.” There are many types of policies that can be tailored to your operation and what you’re growing. Crop insurance can provide coverage on a variety of naturally occurring peril. And when one of these perils occurs, you need to know how and when to file a claim.

Farming remains one of the most dangerous occupations in the country. Accidents can, and do, happen all the time. It’s important to implement preventative precautions and to be prepared if the worst case scenario happens. 

Managing a successful dairy farm means managing a lot of information. One of the things we work with clients on is collecting numbers from your farm, comparing those metrics to industry aggregates, and helping producers understand what that comparison means. Learn the nine numbers we talk to our consulting clients about. 

In this month’s Knowledge Exchange Partner, Farm Credit East Tax Consultant, Edward Maxwell, explains the importance of understanding your operation’s tax liability and how to tax plan for cash basis reporting.