Farm and ranching businesses operate on thin margins, which is why many producers make financial plans to avoid any unnecessary loss of funds. We now want to look at a few unique strategies to help protect your bottom line.
Roger McEowen with the Washburn School of Law spoke with RFD-TV’s own Suzanne Alexander on keeping farm assets protected, creating a budget, and estate planning.
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March 15 of each year is the application deadline for the Pima Cotton Trust, and March 1 of each year is the application deadline for the Wool Trust. The law mandates trust payments by April 15. More information about these programs is available at www.fas.usda.gov/programs.
Superior Livestock Auctions markets more than 1.7 million head of cattle nationwide while also building long-term relationships between both cattle raisers and beef producers.