Effective Cost Management Techniques for Farmers
As a farmer, you know firsthand how costly it can be to maintain your operation. From planting to harvest season, there are countless expenses to consider. And with rising production costs, it’s more important than ever to be proactive in finding ways to reduce expenses on the farm. In this article, we’ll provide tips and […]
The Farmer’s Guide to Financial Success: Tips and Strategies for Maximizing Profit
Even hobby farms need to make a profit at one point, especially if you want to continue doing what you love. However, if you are farming because you love it and want to make a living by maximizing your profit—you should follow these tips to ensure financial success. Loving what you do may not be […]
The 2023 Farm Bill: What Will It Bring?
The Farm Bill is an omnibus document that includes various programs, including food availability, training, and education for producers. It is widely considered one of the most significant pieces of legislation for farmers and ranchers throughout the United States. The last farm bill, passed and signed into law in 2018, will no longer be in […]
12 Profitable Agricultural Business Ideas
The agriculture industry is one of the major contributors to the world’s GDP as it is a sector that feeds billions of people daily. An industry on which human existence is so heavily dependent automatically provides several business opportunities that investors can benefit from. These agricultural businesses involve producing, processing, and distributing agricultural commodities. With […]
How Do Horse Farms and Riding Stables Make Money?
Horses are a costly hobby because they require a lot of attention, space, and food. Since your equine can be expensive to care for, you may want to supplement the expenses. Making money with horse farms doesn’t seem easy, but it’s a great source of income. This post will explore how horse farms, riding stables, […]
Why Farmers Should Have a Hedging Strategy
Farmers are no strangers to the unpredictability of the markets every year. The prices for agricultural products vary each season due to the ever-changing levels of demand and supply, and periods of high supplies often result in decreased prices. To minimize the associated risk and help ease the strain and difficulty that comes with it, […]
Capital Management Tips for Farmers
Capital management is one of the most critical aspects for the success of any business—including farming, ranching, and hobby farming. Everything you worked so hard for, including the efforts to produce an operational farm, can be at risk if your operational profit and capital are not managed properly. This article will provide tips on financing […]
3 Tips for Farm Management During Rising Inflation
The inflation rates in the US have reached records high in recent years. The annual inflation rate is 7.7% for the period ending October 2022. The country is widely affected by rising inflation and increased commodity prices. Although the GDPO growth is growing, many economic troubles remain for farmers and the farming industry. The consumer […]
5 Steps to Starting a Successful Equestrian Business
Most successful businesses start with a strong passion, then later come to find ways to make a living out of that passion. The same goes for starting a successful equestrian business. If you like breeding horses and want to create an entire business around your hobby, pure passion is not enough to keep the business […]
What Kind of Loans Can You Use to Finance Your Dream Horse Property
When it comes to financing a horse property, there are a few different types of loans you can use. Depending on your credit score and the amount of money you need, one loan may be better for you than another. Here’s an overview of equestrian loans and the various types of loans you can use […]