K·Coe Insights: Posts from category

Agriculture

Farm Resilience beyond 2020: 3 Critical Actions for Ag Businesses

By K·Coe Editorial | October 23, 2020
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Reading Time: 2 minutes The state of the farm economy has certainly seen better times.  After accounting for input costs, farmers and ranchers received only eight cents out of every dollar spent on food in the U.S. in 2019, according to the American Farm Bureau.  The remainder was attributed to costs beyond the farm …

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PPP Applicants are Stuck Fighting Fraud due to Security Breaches

By K·Coe Editorial | September 25, 2020
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Reading Time: 2 minutes In recent weeks, we have learned of an uptick in fraud cases for businesses who have applied for Paycheck Protection Program (PPP) funds for coronavirus disruption relief.  Businesses on the receiving end of this type of fraud have discovered it only after receiving an official document from the SBA via …

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CFAP2 Payments Announced: Summary of Applicability

By K·Coe Editorial | September 18, 2020
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Reading Time: 3 minutes It has been the talk of the Ag sector throughout the last few weeks: expectations for another round of Coronavirus Food Assistance Program (CFAP) for producers affected by the COVID-19 pandemic. President Trump gave official confirmation in a campaign rally speech in Wisconsin on September 17. While the original CFAP1 …

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FSA Publishes Final Rule on Payment Limitation and Payment Eligibility: Key Takeaways for Producers

By K·Coe Editorial | September 1, 2020
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Reading Time: 3 minutes In a rather atypical fashion, the USDA published a Final Rule for Payment Limitation and Payment Eligibility on August 24, 2020.  The rule states that it was published to implement mandatory changes required by the Agriculture Improvement Act of 2018 (2018 Farm Bill).  Why atypical?  While the Farm Service Agency …

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5 Tips to Move Ag Business Forward During Economic Disruption

By K·Coe Editorial | August 20, 2020
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Reading Time: 3 minutes While production agriculture is no stranger to facing adversity and adaptation, no one could argue that the disruption caused by the COVID-19 pandemic has required unprecedented response and strategy. As business advisors, K·Coe has been on the front lines of hearing concerns, navigating issues and fielding questions during these unsettling …

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2020: A Year of Crisis and Hope

By K·Coe Editorial | August 17, 2020
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Reading Time: 3 minutes I look out my window in Eastern Iowa and see uprooted oak trees that once stood as guardians of our neighborhood. A displaced street light pole threatens my dining room window, and my backyard has an extra trampoline – blown over from the neighbor’s yard 200 feet away. I can …

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USDA Expands and Extends the Coronavirus Food Assistance Program for Producers

By K·Coe Editorial | August 12, 2020
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Reading Time: 2 minutes On August 11, 2020, the U.S. Department of Agriculture (USDA) extended and expanded the Coronavirus Food Assistance Program (CFAP) intended to aid farmers and ranchers suffering from negative effects of the COVID-19 pandemic. High-level Takeaways for Producers: Final payments granted: The Farm Service Agency (FSA) will automatically issue the remaining …

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KCoe Isom Deepens Food & Ag Advisory with Expanded Offerings and New Global Footprint

By K·Coe Editorial | July 1, 2020
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Reading Time: 3 minutes July 1, 2020 – K·Coe Isom, the nation’s leading accounting and consulting firm for food and ag businesses, announced today the founding of an agriculture-focused advisory team,  Pinion Advisory, to serve agriculture businesses throughout the U.S. and Australia. The Pinion advisory model, Pinion FIRST, will focus on five critical business …

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