Tag: finances
Stress management during tough financial times on the farm
There is no doubt the production agriculture sector is going through a tough financial period. In particular, low crop prices and low milk prices are severely impacting row crop and dairy producers.
Producers should file paperwork with FSA soon
Producers are reminded to complete and file form CCC-941, Adjusted Gross Income Certification, to receive Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) payments, Loan Deficiency Payments (LDPs) and Market Gains on Marketing Assistance Loans (MALs).
Update records at your county FSA office
Now is the time to sign up for the Agriculture Risk Coverage (ARC) or the Price Loss Coverage (PLC) programs. Producers with farming interest changes should stop by the office and get records updated.
Flexible cash farm leases offer advantages
Cash lease arrangements often create a negotiating environment where there is asymmetric information.
Tax credit applications available for Pa. farms
Pennsylvania farmers can now apply for 2015-16 Resource Enhancement and Protection program tax credits.
How much debt can you manage on your dairy?
Most farms have some level of debt. How much and what kind of debt will vary from farm to farm.
Ask FSA Andy about the guaranteed loan program
The purpose of the FSA guaranteed loan program is to assist lenders in extending credit to family farmers who do not qualify for standard commercial loans.
Producers can select comparable farms with update to farm finance...
ST. PAUL, Minn. — A recent upgrade to the popular FINBIN website allows producers to benchmark their farm or ranch finances against a peer...
FSA Andy: Microloans
Hello Again!
The Farm Service Agency is now offering a new microloan program designed to assist small family farms, beginning farmers, and socially disadvantaged farmers...
IRS: Farmers affected by MF Global bankruptcy can avoid tax penalty
WASHINGTON -- The Internal Revenue Service will provide penalty relief to farmers who incur estimated tax penalties because they did not timely receive Forms...
