Articles tagged under: Ron Dvergsten
A Mixed Bag
Published January 23, 2024
Northland Community and Technical College Farm Business Management instructor Ron Dvergsten is seeing a mixed bag when preparing 2024 cash flows. "Commodity prices have kind of dragged the bottomline down for the majority of farmers so for the vast majority…Year-End Tax Strategies
Published December 2, 2023
This is the time to analyze where you sit for the 2023 business year and evaluate finances ahead of tax season. Farm Business Management Instructor Ron Dvergsten says buying equipment can be a good strategy if you can save a…The Most Expensive Crop Year in History
Published April 10, 2022
Minnesota's crop farmers had a profitable year in 2021. According to Minnesota Farm Business Management data, this is due to a combination of factors including higher commodity prices and crop insurance indemnities. "Even in some of the drought restricted areas,…With Normal Yields, ’22 Budgets Pencil Out
Published November 11, 2021
The crop put in the ground in 2022 will likely be the most expensive to date in a farmer’s career. Northland Community and Technical College Farm Business Management Instructor Ron Dvergsten says the financials still work. "It kind of reminds…RRV Outperforms the Rest of Minnesota
Published April 9, 2019
Statewide, Minnesota farm income was at a 23-year low this past year. That was not the case in the Red River Valley. Net farm income in the Red River Valley averaged more than $173,000 last year, up from a statewide…2018 Tax Planning Tips
Published December 28, 2018
With the new tax code, farmers need to be alert of the changes. Northland Farm Business Management Instructor Ron Dvergsten encourages farmers to work with their tax advisor or FBM instructor to properly prepare. Hear more tax preparation tips in…Tax Planning Series: Prep for the Meeting
Published December 19, 2018
As farmers prepare for tax season, AgCentric Farm Business Management Instructor Ron Dvergsten says the first step for farmers to contact their tax preparer. "Do an estimate to see where you are tax-wise." In addition, come prepared for the meeting.…