While production agriculture is no stranger to facing adversity and adaptation, no one could argue that the Economic Disruption caused by the COVID-19 pandemic has
For a summary of the January 15, 2021 USDA updates click here. On August 11, 2020, the U.S. Department of Agriculture (USDA) extended and expanded
Update 5/21: CFAP Relief Update & Good News for Exporters: The Form CCC-942 that was released this week to certify 75% of Adjusted Gross Income
Earlier in April, the Small Business Administration (SBA) and Department of Treasury addressed whether businesses should include any non-U.S. laborers in their employee count applicable
Update May 4, 2020: SBA is now accepting COVID-19 Economic Injury Disaster Loan and Advance applications for agricultural small businesses on a limited basis. Click
(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
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
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
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 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
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
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
According to the official press release, USDA’s Agricultural Marketing Service (AMS) will administer the Food Purchase and Distribution Program to purchase up to $1.2 billion
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
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
