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Articles tagged under: Farm Business Management

Making Year-end Decisions

Published November 18, 2025

Farm Business Management Instructor Josh Tjosaas has reviewed preliminary 2026 cash flow projections. Cash flow will influence year-end decisions. "There's always discounts on prepaying and a lot of farms have done that over time, but it's a little bit tougher…
Top StoriesLatest NewsAg Business

Optimism Seen in Dairy Sector

Published November 4, 2025

Farm Business Management instructor Nate Converse says the quarterly financial reports are coming in slightly better than the forecasts made earlier this year. "Milk prices are a little lower than what we would have projected sitting at the table in…
Latest NewsMarketsAg BusinessLivestock

Jensen: Tariff Uncertainty Heightens Need for Risk Management

Published April 10, 2025

As tariff uncertainty continues to affect the ag industry, Northland Community and Technical College Farm Business Management Instructor Betsy Jensen emphasizes the growing need for risk management. "This year, the potential on exports is really a huge factor," Jensen said.…
Latest NewsAg Business

Marketing Mistakes Cost Farmers in 2024

Published April 10, 2025

At the Farm Business Management annual meeting in Crookston, Northland Farm Business Management instructor Ron Dvergsten discussed the varying income levels among Minnesota farmers. "A lot of it depends on land type, years of experience, and how you got started,…
Latest NewsAg Business

Farmers Secure 2025 Financing Despite Economic Challenges

Published March 24, 2025

Despite financial pressures, most farmers are securing financing for the 2025 season, according to Northland Community and Technical College Farm Business Management instructor Ron Dvergsten. "I have been pleasantly surprised that the farms I work with, I have not heard…
Latest NewsAg Business

A Proposed Increase in Funding for FBM

Published February 23, 2025

Representative Nathan Nelson is sponsoring legislation that would boost funding for the Minnesota Agricultural Education Leadership Council from $4.5 million to $6 million in the 2026-2027 biennium. Funding would be prioritized for faculty with expertise in farm transition planning, rural…
Latest NewsPolicy

Minnesota Farmers Face Tough Year

Published November 13, 2024

Crop farmers are generally in a tough position this year due to prices and yields for some in Minnesota. “We had quite a bit of grain that sat in the bins from January to August and took quite a spill…
Latest NewsAg BusinessCrops

A Financial Drain

Published September 6, 2024

Going into 2025, working capital and balance sheets will be tight. “This 2024 crop may drain a lot of farmers' working capital,” says Ben Olander, a farm business management instructor with Central Lakes College. “I think yield will hopefully balance…
Latest NewsAg BusinessCrops

What a Difference a Year Makes

Published December 26, 2023

Those differences can be seen as farmers close out the books for 2023. "If we just look year-over-year, it was tax planning to no end last year and what are we going to do with the profitability and how do we…
Top StoriesLatest NewsAg Business

Fall Financial Planning Strategies

Published December 17, 2023

Northland Community College Farm Business Management Instructor Betsy Jensen has seen farmers shy away from pre-paying for inputs this fall. Increased interest rates are causing producers to be more hesitant. “Most companies have not increased their pre-payment discount,” said Jensen.…
Latest NewsAg Business
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