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Articles tagged under: Ron Dvergsten

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

Missed Opportunities

Published January 15, 2025

Looking back on 2024, Northland Farm Business Management Instructor Ron Dvergsten said there were a lot of missed opportunities. "The lack of timely marketing of carryover inventory of the 2023 crop cost many producers a fair amount of working capital just…
Latest NewsAg Business

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…
Latest NewsAg Business

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…
Latest NewsMarketsAg BusinessCropsLivestock

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,…
Top StoriesLatest NewsAg Business

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…
Top StoriesLatest NewsAg Business

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…
Top StoriesLatest NewsAg Business

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…
Latest NewsAg Business

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.…
Top StoriesLatest NewsAg Business

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