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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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Corn Exports Impacting Your Working Capital
NE While I expect U.S. yields to be lower than today’s estimates once the January production report comes out, I don’t expect much of a...
Sep 12, 20232 min read
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Beware of New Ag Finance Programs and REITs
NE 5 tracts sold at public auction on August 29th through BigIronRealty. Hamilton Co Nebraska ground located 1-5 miles north of Aurora,...
Sep 5, 20232 min read
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Land Purchase Vs. Equipment Financing
NE Pro Farmer had a corn yield of 172.0 bu/a corn and 49.7 bu/a soybeans. This compares to the Aug WASDE of 175.1 on corn and 50.9...
Aug 29, 20231 min read
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Reasons to Buy Farm Ground
SW Yes, land prices are at all time highs and interest rates are double where they were 18 months ago. Land is still a good investment...
Aug 22, 20232 min read
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Balance Between Cash and Financing
SW Find balance between paying cash and financing. Just because you have cash doesn’t mean you should only buy with cash. 7.50% financing...
Aug 15, 20231 min read
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