Eldridge, in partnership with his uncle and grandfather, manages and markets 3,000 head of feeder steers and raises corn, soybeans and hay. He is also an adjunct professor of economics at Midway University. R.W. holds a B.S. and M.S. in agriculture economics from the University of Kentucky. He is 34 years old.
Pullins raises 30 acres of fruit crops, including raspberries and peaches, 600 acres of corn and soybeans and leases additional acres to others. He also invests and provides consulting services in value-added agriculture and alternative energy. He holds a B.S. in Agriculture from The Ohio State University and an MBA from the University of Dayton. He is 66 years old.
Moore lives on a 150 acre diversified farm, where he raises row crops, registered and commercial Angus cattle, freezer beef and hay. He also farms on a 2,500 acre row crop operation with his family. He holds a B.S. in animal science with a minor in agriculture business from the University of Tennessee at Knoxville. He is 37 years old.
As profit margins shrink and commodity prices fluctuate in our current ag economy, operations with high fixed costs could see prolonged periods of losses. Eventually, this can stress working capital and negatively impact operations if not adjusted quickly enough. Evan Hahn, Vice President Credit – Agribusiness for Farm Credit Mid-America, discusses how to manage your fixed costs.
Farming is a complicated business venture. Most producers know they cannot be a jack-of-all-trades and often reach out to other experts for counsel, but some haven’t thought to ask for help with financial planning. Steve Allard, Chief Credit Officer for Farm Credit Mid-America, discusses why you should consider hiring a financial advisor, whether you have five acres or 5,000.
Crop insurance programs and grain markets are always changing, which is why it’s important for producers to revisit their risk management strategy every year. Chris Coffey, Assistant Vice President-Crop Insurance for Farm Credit Mid-America, lays out the crop insurance planning process in five steps.
Farms to Food Banks directs surplus and donated agriculture products from farmers to food banks, partnering with agencies to get food on people’s tables, and using volunteers to harvest produce, to processing and distributing it to families in need through a network of food banks. It’s a powerful way for farmers to connect their hard work with the communities where they live and ensure everyone ha...
Young farmers are in a unique position that presents both many challenges and many opportunities — if they are financially prepared. Jonathan Carter, Assistant Vice President – Growing Forward, discusses some tips to help young farmers better prepare their financials. For more financial tips, insights and perspectives visit http://bit.ly/2a7nEUW
Cody Gault, Assistant Vice President - Crop Insurance at Farm Credit Mid-America discusses the 2016 crop insurance outlook, what farmers can expect and how farmers can make their voices heard during upcoming legislative discussions. For more financial tips, insights and perspectives visit http://bit.ly/finspeak3