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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The total value of the U.S. potato crop was $4.60 billion in 2024, representing an 8% decrease from the previous year.
Crop-specific shifts and strong prices highlight the variability of this year’s fruit and tree nut harvest, according to USDA data.
The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.
The USDA noted that peanut edible utilization season-to-date is down 3% on the year, despite overall stocks increasing.
“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
Missouri Director of Agriculture Chris Chinn joined us Monday to share highlights from Secretary Brooke Rollins’ visit and her perspective on USDA’s new initiatives.