Various farm programs as established by the Farm Service Agency have various limits based on the farmer’s adjusted gross income (AGI). However, some of these programs also allow for either a double ...

ST. PAUL -- Year-end tax planning for calendar year 2008 is upon us, and prepaid farm expenses are one area of concern for many farm operators as they execute year-end tax planning strategies. If you ...

As we head into 2024, farm operations are coming off a mixed profit year in 2023; with some farmers having fairly good profit levels last year, while others had much more modest results in 2023. In ...

Many farmers will purchase farm inputs such as fertilizer, chemicals, seed, etc. before the end of the year even though the dealer has not delivered these products to the farmer. We call these items ...

Net cash farm income was $121.3 billion in 2018 and $165.3 billion in 2014, another farm bill year. The average farm with more than $1 million in sales is expected to see net cash income this year of ...

These high prices are a result of factors on both the supply and the demand fronts. Declines in the national herd, or total inventory of milking cows, and an accompanying decline in milk production ...

A look at forecast prices in farm-related expenses as they appear in the enterprise budgets developed by the University of Arkansas System Division of Agriculture for farmers shows small and large ...

On Feb. 7, USDA released the first insights into net farm income expectations for 2024. The latest report anticipates a decrease from 2023’s forecast of $155 billion to $116 billion – a drop of nearly ...