Monday, March 1, 2021
Farming 101

Farming 101

Farm and Dairy is featuring a series of “101” columns throughout the year to help young and beginning farmers master farm living. From finances to management to machinery repair and animal care, farmers do it all.

money

Farmers may not have the same financial options to save for retirement as large companies, but they still have options. Learn more about those options.

How can you expect to grow if you don’t know what it is you actually want to achieve? A mission statement is a guiding light for your farm or ag business.

Discover how record keeping can improve overall efficiency on your farm and make tax season a breeze.

Liability coverage has two purposes: to make payments on your behalf to an injured party, and to defend you against lawsuits brought by a third party.

As you prepare for retirement, it’s a good idea to identify some trusted resources you can contact to learn more. Here are some good places to start.

With low prices affecting most grain and livestock operations, it’s easy to find yourself financially stressed. Here are tips from experts to manage it.

If you can't resolve financial stress before it's severe, selling inventory and capital assets or liquidating cash and investments can help.
farmland

There are many reasons for a farm to consider growing, even in today’s environment of tight margins. Here are nine options for expanding the farm business.
Pricing banner

Learn how to price your farm products and set your farm on the path to profitability by using these seven numbers to help clarify your costs.

Virtually all employees engaged in agriculture are covered by the Fair Labor Standards Act. However, some small farm operations and those with mostly family...