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FAQ FSA Joint Financing
SW Financial Literacy FAQ FSA Joint Financing I have participated in the joint financing program twice on farm land purchases and have...
Jan 30, 20245 min read
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’24 Financial Outlook
SW Financial Literacy This past week I met with 7 operations in 3 days, where we updated and reviewed financials while discussing the...
Jan 23, 20244 min read
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Ways to Benefit From Your Lender
SW Financial Literacy A few of my posts on Twitter/X (@gwiesefarms) about working hand-in-hand with your lender received some surprising...
Jan 16, 20244 min read
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Common Mistakes on a Year End Balance Sheet
SW Financial Literacy Balance sheets need to be accurate. The most popular date to create balance sheets is on December 31st. This makes...
Jan 9, 20242 min read
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5 Important Items on a Purchase Agreement
SW Financial Literacy Are you planning or hoping to buy farm ground? Then you need to know the basics of a purchase agreement. The...
Jan 2, 20242 min read
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4 Reasons to Not Buy Farms with Cash
NE Current Events Hamilton County Nebraska Auction Results from 12/14/23. 153.3a south of Aurora, NE sold for $16,050/a through BigIron...
Dec 26, 20231 min read
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How to Add Acres in 2024
NW Call to Action How to Add Acres in 2024 Goals drive me. In 2022 I made it a personal goal to add a property to my balance sheet....
Dec 19, 20232 min read
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The 1 Thing New Farmers Should Track for Financial Success
SW Financial Literacy The 1 Thing New Farmers Should Track for Financial Success. Farming requires tracking a lot of numbers – and...
Dec 12, 20233 min read
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Farmers Speak: What they should have done in their first 5 years.
SW Financial Literacy I sent this question to X (Twitter) and received some insightful responses. Enjoy! If you could go back and start...
Dec 5, 20232 min read
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5 Ways to Not Farm (In Your First 5 Years)
SW Financial Literacy It is difficult to begin generating income to grow your farming operation. One poor decision can take years to...
Nov 28, 20232 min read
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6 Questions for Your Lender
SW Financial Literacy Getting a new ag real estate loan? 6 questions you should be asking your lender: Should you make a larger down...
Nov 21, 20231 min read
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Buying Farms with Less Cash
SW Financial Literacy As buying farms gets more expensive, oftentimes farmers don’t feel they have the proper cash position to pursue the...
Nov 14, 20235 min read
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The 5 Advantages of Owning Real Estate
SW Financial Literacy Owning real estate comes with a lot of advantages. There are loan programs and buying options to help lower the...
Nov 7, 20232 min read
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Balance Sheets Require… Balancing
SW Financial Literacy I sometimes run into confusion when a farmer is working to update their balance sheet after a recent transaction....
Oct 31, 20232 min read
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Negotiating Tip to Buy Farms
SW Financial Literacy Situation: Farmer heard some rumblings that a land might be moving and reached out to the owner expressing interest...
Oct 24, 20232 min read
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Thoughts From a Combine
NW Call to Action I posed this question to X and received 90 responses: “Fungicide pays. Tile pays. What else do you swear by that is...
Oct 17, 20233 min read
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Accrual vs. Market Basis
SW When working a new loan request or updating financials, I will occasionally receive an updated balance sheet pulled from a bookkeeping...
Oct 10, 20232 min read
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Remember the Last Row Crop Downturn?
SW The example shows a 67% decrease in Working Capital and almost $600,000 of Net Worth (Total Equity) losses over a 5 year period....
Oct 3, 20231 min read
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Purchase Agreement Tips
SW Purchase agreements can be difficult to understand and even intimidating if you don’t know what they contain. I always recommend...
Sep 26, 20231 min read
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Dollar-Cost Averaging and Breakevens
NW Timing the market and always buying farm ground or cattle at the lowest price point is nearly impossible. There are thousands of...
Sep 19, 20232 min read
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