K·Coe Insights: Posts from category

Permanent Specialty Crops

Selling Land Can Be a Game Changer in Tough Times

By K·Coe Editorial | December 30, 2019
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Reading Time: < 1 minute With an honest viewpoint heading into 2020, there is no sharp improvement or further downturn ahead. Many farmers deem ‘selling a land portion’ as the unthinkable.  K·Coe’s ag strategists advise keeping an open mind.  When handled correctly, it can be a viable (and secure) option for cash-strapped farm operations. “The …

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3 Categories of Financial Health: Where does your ag operation sit?

By K·Coe Editorial | December 23, 2019
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Reading Time: < 1 minute Now is the time to take a good look at where your operation stands, to determine the path you should take for 2020.  It doesn’t take a financial expert to tell you that businesses without plans have lesser chances of survival – in fact, 50 percent of businesses historically fail …

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Joining Forces: How to Survive and Grow with Purpose

By K·Coe Editorial | December 20, 2019
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Reading Time: < 1 minute “Joining forces with another farm can increase efficiencies or offer opportunities of scale,” advises Maxson Irsik of K·Coe Isom. The Benefits of Mergers, Joint Ventures and Creative Partnerships: Diversification of farm operations, land base, crops or livestock. Build cash flow or grow market share. Bolster the viability of your succession …

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Today’s Women Affecting Change in a Challenged Ag Market

By K·Coe Editorial | December 17, 2019
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Reading Time: 2 minutes By Jeanne Bernick, Principal and Growth Leader, K·Coe Isom Back in 2010, a report established that a high level of ‘social sensitivity’ – a trait predominantly exhibited by women – had the potential to impact the safety, security, and sustainability of our food system.  Gradually, a steady shift has been taking …

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Pro Tax Tips in a Strained Ag Economy

By K·Coe Editorial | December 15, 2019
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Reading Time: 2 minutes Typically, we think of the importance of tax planning when things are going very well for the industry because it equates to higher income, and therefore managing the taxation of that income is an important consideration. However, income tax planning is still important in economically difficult years. This year is …

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How to Show a Lender that You’re Fiscally Fit

By K·Coe Editorial | November 8, 2019
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Reading Time: < 1 minute For many agribusinesses, it’s almost time to close the books on 2019 and start planning for next year.  We often advise clients on the importance of maintaining a healthy, open relationship with your lender, during the good years and not-so-good years. A recent article in The Wall Street Journal highlighted …

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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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