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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“Now, we don’t know if income is dependent on a trade issue, and extra payment or disaster... or any number of things that we used to not have as high on the list of potential problems.”
“We raise one-third of the total U.S. pigs raised here come from Iowa. So, one out of every three pigs is raised right here in Iowa.”