Real Agriculture

AUGUST 29, 2024

It’s no secret that there was still 2023 crop on-farm at the end of July. I’m not sure that this is uncommon during cycles where the market is in decline over an extended period. Some of that old crop won’t have moved even as the calendar flips to September. For three years prior, the best. Read More

Carryover 284

Carryover Crop Harvester Harvesting 284

Trimble Agriculture

JANUARY 17, 2024

Lower agricultural commodity prices are contributing to a decline in net farm income in 2024. This, combined with higher input costs, fewer government payments, and rising interest rates, is leading to a drop in net farm income. In 2024, net farm income is predicted to follow a similar pattern of decline. per bushel in 2023/24.

Marketing 104

Marketing Net Farm Income Agriculture Agriculture 104

Agribusiness Blog

AUGUST 3, 2022

As farmers approach retirement their two biggest concerns are generally equipment sales and carryover grain. However, it also leaves the farmer at risk for market value depreciation. If the buyer is using the other pieces of equipment not included in the current year sale, they should pay fair market value rent.

Carryover 52

Carryover Marketing Farmland Grain 52

Agribusiness Blog

MARCH 30, 2022

If enacted with no graduated rates, this would result in an overall 87% tax increase for many farm corporations from the old 15% rate on the first $50,000 of taxable income to 28%. In 2030, the partnership will be required to mark-to-market the land to the current fair market value and recognize a $24,900,000 gain.

Carryover 52

Carryover Acre Farming Farming 52