assets - Page 1 | Ag Proud

Profit and legacy: Ensuring ranch viability for successors

Profit, clarity and communication form the foundation of successful ranch succession, ensuring the business remains viable and attractive for future generations. By treating ranching as a business – with defined roles, intentional planning and a long‑term vision – families can preserve their legacy and their land. Strong transitions happen when operations offer profit, purpose and room for the next generation to grow.

February 11, 2026

Marian Viney

A Wyoming family uses clarity, communication and business discipline to build a ranch the next generation wants to come back to.

Asset turnover: The often-overlooked ratio that could be costing you

Bankers look at asset turnover to understand how well a company is converting its investments in assets into sales.

December 30, 2025

Brad Guse

Asset turnover may not be the flashiest ratio, but it’s one of the most telling. It’s a window into how well your operation is using its resources. And when paired with the DuPont system, it becomes a powerful tool for diagnosing financial health and guiding smart decisions.

Beyond the balance sheet: Assess your business’s financial health

Evaluate your business's financial health by setting clear goals, assessing organizational value, considering intangible assets and preparing for risks.

November 3, 2025

Rachael O'Leary

Whether you’re pursuing a new opportunity or responding to a crisis, financial resilience provides a healthy foundation for thriving amid uncertainty. With a solid vision and goals, a clear view of your organization’s value and a plan to address risk – your business can be ready for just about anything.

Managing capital purchases: When to repair or replace

Guidelines to assist in determining whether to replace or repair equipment.

September 24, 2025

Matt Lange

In some cases it is better to repair farm equipment and other times it is better to replace. Knowing when to take action on one versus the other is also part of a bigger strategy for managing your dairy operation.

The importance of financial literacy for the next generation of dairy farmers

Investing in financial literacy will ensure the sustainability, profitability and growth of family farms in an increasingly complex agricultural landscape.

January 21, 2025

Andy Leach

The challenges facing today’s dairy farmers are vastly different from those of previous generations. Rising costs, environmental regulations and technological advancements have created a complex and competitive environment. For the next generation poised to take over family dairy farms, financial literacy is not just an asset; it is a necessity.

InFocus: Cropland values, rental rates hit new peaks in 2024

Progressive Dairy provides its annual look at state cropland values, ranked by value per acre, as well as cropland rent per acre and annual rent as a percentage of average value.

August 12, 2024

Audrey Schmitz

What’s the value of cropland in your state? Progressive Dairy provides its annual look at state cropland values, ranked by value per acre, as well as cropland rent per acre and annual rent as a percentage of average value.

Three ratios to improve your dairy’s financial fitness

As we age, health principles like stability, cardio and strength are vital, just as key financial ratios like working capital, debt-to-equity and debt service are essential for assessing and improving the financial health of dairy operations.

July 16, 2024

Mark Verwey

We spend a lot of time talking about properly saving and investing money to ensure a happy retirement, but if you are not investing in your own health, what good is monetary wealth?

Transition planning traps

Avoid transition planning problems with these tips on entity planning, inaccessible cash, fragmented assets and retirement planning.

May 30, 2024

Tim Schaefer

Over time, the strength and size of unified family assets create a competitive advantage over the farms that fragment their assets with each generation. I don’t believe many people set out to erode family assets, but it often happens by falling into some of these transition planning traps.

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.

February 12, 2024

Terry Kissler

I’ll touch on a couple of those changes that we as taxpayers got to enjoy the last few years that no longer are in effect. However, the purpose of this article is to look ahead to what’s changing down the road.