(Washington, D.C., April 17, 2020) – U.S. Secretary of Agriculture Sonny Perdue today announced the Coronavirus Food Assistance Program (CFAP). This new U.S. Department of
As part of the CARES Act stimulus package, Congress established the Paycheck Protection Program (PPP) to provide forgivable loans to small businesses, non-profits, sole proprietors
April 21st Update: Just announced: Senate passes bill allowing small ag businesses relief through disaster loan eligibility. Following a close analysis of the CARES
By Jeanne Bernick Farm business owners don’t have the luxury of putting their heads in the sand during a crisis. They have the health and
While President Trump has declared a National Emergency on the federal level in response to COVID-19, it is dependent upon the Governor of each affected
USDA Secretary Perdue called the January 15, 2020 China Trade Agreement a “bonanza” for U.S. ag, but it could be a while before farmers reap
Are you taking advantage of every potential opportunity through USDA programs? Deadlines are right around the corner. Final Opportunity – Sign Up for Conservation Reserve
While your advisor handles the complex details and tax structure of your ag business, there are certain changes regarding Section 199A that have happened that
There are three actions producers will need to take to meet the approaching FSA Enrollment Deadlines: Program Election for 2019 & 2020 – Deadline: March
With an honest viewpoint heading into 2020, there is no sharp improvement or further downturn ahead. Many farmers deem ‘selling land’ as unthinkable. K·Coe’s ag
Now is the time to take a good look at where your operation stands, to determine the financial health path you should take for 2020.
“Joining forces with another farm can increase efficiencies or offer opportunities of scale,” advises Maxson Irsik of K·Coe Isom. The Benefits of Mergers, Joint Ventures
By Jeanne Bernick, Principal and Growth Leader, K·Coe Isom Back in 2010, a report established that a high level of ‘social sensitivity’ – a trait
Typically, we think of the importance of tax tips and planning when things are going very well for the industry because it equates to higher
For many agribusinesses, it’s almost time to close the books on 2019 and start planning for next year. We often advise clients on the importance
While big agriculture businesses have been using geospatial data to their advantage for a while now, we’re only starting to see the tools to use
With most farmers or ranchers spending an average of 50 years or more on their farms – where land is both a lifestyle and legacy
If you’re still using Excel and other software programs to track crop rotation and inputs, but are struggling to tally the full costs involved in
Today’s ag environment shows commodity prices are below break-even for some operators, while barely budging the break-even level for others. Economists have referred to this
Agriculture is steadily adopting the use of blockchain technology to improve sustainability by enabling the entire food supply chain – growers, processors, manufacturers, retailers and
6 Signs a Business is in Survival Mode: 1. Everything has become urgent, and you feel like your back is up against the wall. 2.
With the way 2019 has started, no one is expecting it to be an easy year for cash flow. We are hearing from many agribusinesses
The number one concern of the nearly 100 agribusinesses surveyed by AgCareers.com is the competitive pull for workforce talent and difficulties in recruiting. Over 53
Billions of dollars in damages. Lives lost. We are just one-quarter of the way through 2019, and the wake of natural disasters throughout the Midwest
The IRS has agreed to last-minute relief for farmers by extending their tax payment filing due date to April 15, 2019 – and withdrawing the
Over the years, many of you have adopted farm technology that’s revolutionizing agriculture. Maybe you’ve added a GPS-guided tractor or a self-propelled sprayer to your
The U.S. Department of Agriculture (USDA) has established the procedures required to provide direct payments to growers to help offset some damage imposed by retaliatory
Most agribusinesses participate in board meetings during the year to assess operations and make decisions about their business. Board meetings are an essential part of
Every little bit helps in agriculture today. Margins are so tight that anything you can do to gain a little ground is almost mandatory. In
By now, people around the globe know it’s been a particularly tough year for U.S. agriculture. Don’t think for a second that your banker isn’t
Following the authorization of the second MFP payments, here are a few key points that growers should keep top of mind for operational and financial
Weak commodity prices and an international trade war have inflicted pain on American agriculture – at a time when U.S. farmers, ranchers and agribusinesses can
The end of the year is a smart time to prepare your farm business for the coming year. Crops have been harvested and stored. You’re
As the 2018 season ends, growers, agronomists, and financial advisors start to analyze this year’s results in order to prepare budgets and plans for next
The U.S. Department of Agriculture has established the procedures required to provide direct tariff relief payments to growers to help offset some damage imposed by
Many farmers haven’t ever stopped to think about the potential in revenue opportunities that lie right beneath them: land. “Your privately-owned land has value well
The United States has instigated an aggressive global trade war that is escalating and directly harming many U.S. agricultural producers by driving up the costs
The Senate Agriculture Committee is moving forward with the 2018 Farm Bill Revival in a reportedly ‘bipartisan’ fashion and has released its draft of the
Will the Farm Bill Pass in the House? In a continued effort to secure support for the farm bill, set to expire in September, House
A majority of family-owned businesses fail to transition because of lack of communication and trust. This can be avoided with proper succession planning and help
