Business Management
Choosing between buying and operating your own equipment versus custom hiring involves more than just numbers. Farm size, time constraints, equipment quality and labor are key factors in the decision-making process.
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Decisions and dollars: Understanding equipment costs on the farm
Whether your equipment is being used, or sitting by the barn, it accumulates costs. Make sure to manage fluctuating variables of equipment with regular review and cost calculators available to you.
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6 strategies for tuning up your farm’s finances
Savvy producers should focus on improving financial strategies for better profits. Actions such as reviewing and updating business plans, and evaluating asset turnover rates can lead to lasting success.
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Where's the line? Understanding Idaho's boundary by agreement
The theory of boundary by agreement involves a complex legal framework, balancing formalities and practical implications. Fences, as common markers, play a crucial role in resolving boundary disputes in Idaho.
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Anticipating and adapting to upcoming tax revisions
Insights on 2023 tax return changes and anticipated tax revisions post-2025, including adjustments to deductions, tax bracket and estate tax limits.
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Analyzing Idaho crop input costs and 2024 projections
We're taking a look at Idaho crop economics with a breakdown of input costs such as seed, fertilizer and labor, along with projections for 2024, offering valuable insights for grower planning.
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Succession planning when one child wants the farm
Many parents find themselves in a situation where one child wants to farm while the others do not. This hypothetical explores one option to consider, while stressing the importance of early planning.
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3 steps to a smoother loan application process
Gather essential documents, comprehend the five C’s of credit and be proactive in submitting complete paperwork for a smoother and quicker loan application process.
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Spreader and sprayer tips: Make time for a spring tech refresh
The article discusses the pivotal role of technology in agriculture, emphasizing the need for winter safeguarding of controllers and thorough pre-season checks to ensure optimal performance.
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2024 interest rate outlook
Interest rates may have peaked, but economic impacts will take 18 months. An inverted yield curve signals potential economic challenges. Long-term rates may modestly decrease with Fed cuts.
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