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When Can Farmers Expect Benefits from China Trade Agreement?

By K·Coe Editorial | February 18, 2020

Reading Time: 2 minutes USDA Secretary Perdue called the January 15, 2020 pact a “bonanza” for U.S. ag, but it could be a while before farmers reap its benefits. According to Maxson Irsik, K·Coe Isom advisor, “It may be months or even years before American farmers and ranchers see increased exports to the Asian …

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Do You Know the Cyber Mantra?

By K·Coe Editorial | February 17, 2020

Reading Time: < 1 minute Do you remember the old “Stop, Drop & Roll” mantra?  This has been engrained into every Kindergartner since the 1970’s.  It’s very effective at helping children to practice what to do, and to understand the dangers of fire. The FBI’s Cyber Division provides a similar mantra to protect personal and …

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Important Reminders for Ag Producers to Secure Opportunities

By K·Coe Editorial | February 12, 2020

Reading Time: 2 minutes Are you taking advantage of every potential opportunity through USDA programs?  Deadlines are right around the corner. Final Opportunity – Sign Up for Conservation Reserve Program – voluntary land conservation program that pays farmers a yearly rental payment for the removal of environmentally sensitive land from ag production and plant …

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How Tight is Your Cyber Security?

By K·Coe Editorial | February 6, 2020

Reading Time: 3 minutes Crypto-mining, ransomware, and third-party and supply chain attacks – oh my! Phishing, maleware exploits, and DDoS attacks – oh no! “An unprotected business today is a sitting duck.  There is always someone attempting to penetrate your cyber firewalls to steal anything they can access,” says Melissa DeDonder, technology advisor for …

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Getting Personal with Business Strategy

We don’t make any major business decisions without talking to K·Coe Isom. They are a partner who has taken a vested interest in our success. I appreciate that they can strategically organize our business so that growth isn’t a challenge. Being nimble and taking advantage of the right opportunities without restructuring our entire business model is key. The relationship we have with K·Coe gives us the sounding board and financial stability we need to be ambitious, while providing valuable insight for what has or hasn’t worked for other organizations.

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Turning the Tide Back in Your Favor

We would not be farming today if not for K·Coe Isom’s efforts.

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Managing a Well-Established Business

We want to be able to measure where we’re at financially so we can manage our risk. People grow corn and say their breakeven is $3.00. But they don’t figure the farm utility bills. They don’t figure equipment cost per acre and per bushel. That’s what we want to know. K·Coe Isom brings the right team together so we get a global picture, not just of the farm, but also of the feed yard and livestock feeding. This is the financial know-how that helps us take our business to the next phase.

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Staying Productive, Profitable, and Independent

As owners, we have made strategic moves to grow the business. Each time we do, we call our business advisors and K·Coe Isom is definitely one of them. They always come up with creative legally sound ideas for keeping money in the business. And that’s what lets us stay locally-owned.

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Establishing a Farm Legacy

Our farm operation is complex with a lot of moving parts. So whether it’s tax planning or estate planning, one thing will undoubtedly impact another. The people at K·Coe Isom are true professionals that know financials in the context of ag operations. They did a great job explaining the tax consequences and options. They made it understandable so we could get group consensus.

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Making a Difference in Your World

Sometimes you have to go out on a limb. That’s the only way you’re going to make a difference, in your business, in your community and in the world. By looking at sustainability from a multi-dimensional perspective, we’ve shown that growers can mitigate their risk and use their progress for a competitive advantage.

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There are four primary areas that every business should implement, and reevaluate at least annually. The cycle to follow includes: identification, protection, detection, and response. Read on for 4 Critical Security Steps for Every Business.

About 6 hours ago from K·Coe Isom's Twitter