Farm Business Management | Red River Farm Network

Tax Deadlines Approaching

Published January 4, 2026

Tax season is right around the corner. "Producers are always thinking about tax planning this time of the year," said Ron Haugen, farm management specialist, NDSU Extension. "Really, producers should think about tax planning throughout the year. When you do…

Plan Now the for New Crop Year

Published January 4, 2026

While 2025 is in the books, planning for the New Year is underway. Farm management analyst Kent Thiesse says it all starts with cash flow. "I think farmers need to start from the ground floor and be able to cover…

Keep Records Updated to Ease Tax Planning Process

Published December 8, 2025

As the year draws to a close, farmers are focusing on tax preparation and financial organization. Dakota College-Bottineau Farm Business Management Instructor Morgan Stutrud says keeping records up to date can make year-end tax prep much easier. “Good record keeping…

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…

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…

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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.…

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,…

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…

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…

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…

Articles tagged under: Farm Business Management

Tax Deadlines Approaching

Plan Now the for New Crop Year

Keep Records Updated to Ease Tax Planning Process

Making Year-end Decisions

Optimism Seen in Dairy Sector

Jensen: Tariff Uncertainty Heightens Need for Risk Management

Marketing Mistakes Cost Farmers in 2024

Farmers Secure 2025 Financing Despite Economic Challenges

A Proposed Increase in Funding for FBM

Minnesota Farmers Face Tough Year

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