K·Coe Insights: Posts from category

AgKnowledge

MFP Payment Alert: Farmers Urged to Claim Money before Deadline

By K·Coe Editorial | November 5, 2019

Reading Time: 1 minute With the deadline only a month away, all eligible producers are being advised to apply for their FSA Market Facilitation Program (MFP) payments immediately.  It’s important to note that as of now there has been no extension announced for the deadline of applying for MFP. If applications are not submitted …

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Financial Mucking 101

By K·Coe Editorial | October 23, 2019

Reading Time: 1 minute Financial clean-up doesn’t sound like any fun, but neither does mucking out the stalls.  Yet both are a necessary evil for most ranch or farm operations.  Perhaps it would lighten the burden to know: one of these tasks doesn’t require rubber boots or daily attention, and tackling even a portion …

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Midwest Crop Checkup: Are You Stress Testing Your Decisions?

By K·Coe Editorial | June 13, 2019
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Reading Time: 2 minutes By Thomas Eatherly Midwest agriculture has had to rewrite the book for making smart crop decisions this year.  Weather has prompted delivery, logistics, and storage issues for some growers, and a rush to market for others.  This growing season has been challenging at best – with the cool, cloudy weather …

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Power from Big Data

Producers Yielding Power from Big Data

By K·Coe Editorial | May 21, 2019
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Reading Time: 1 minute If you’re still using Excel and other software programs to track crop rotation and inputs, but are struggling to tally the full costs involved in all the crops you grow, you are missing out on the total profitability picture.  Running your business without complete and accurate data is certain to …

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How Working Capital Can Make or Break You

By K·Coe Editorial | May 20, 2019
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Reading Time: 2 minutes Today’s ag environment shows commodity prices are below break-even for some operators, while barely budging the break-even level for others.  Economists have referred to this situation as “a grinder effect.” Meaning, the profitability level is grinding away at working capital little by little. Ultimately, this effect impacts the efforts needed …

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IRS Waives Estimated Tax Payment for Farmers Filing and Paying Tax by April 15

By K·Coe Editorial | March 1, 2019
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Reading Time: 1 minute The IRS has agreed to last-minute relief for farmers by extending their filing due date to April 15, 2019 – and withdrawing the underpayment penalty for those not making the Jan 15 tax estimate.  This waiver of penalties for underpayment of taxes by farmers stems from tax provision uncertainties. “This …

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How to Make Farm Technology Pay Off

By Alan Grafton | February 22, 2019
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Reading Time: 3 minutes Over the years, many of you have adopted technology that’s revolutionizing agriculture. Maybe you’ve added a GPS-guided tractor or a self-propelled sprayer to your operation. Or you’re using field-mapping software or electronic collars for your dairy herd. But have you included financial technology in the new tools you’re using to …

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