Articles

What Motivates You to Succeed – Defining Your Values

Business values influence the farm’s goals and priorities. It is important to be able to recognize differences in the values of owners, stakeholders, managers, and other key personnel and have a process through which each is willing to compromise if necessary, to arrive at mutually acceptable goals and decisions.

What is strategic thinking and how can you use the strategic planning process to craft your farm’s future?

Strategic thinking is the intuitive, visual, and creative process you use to make decisions about your farm business. Strategic thinking is all about thinking ahead, anticipating what your competition is going to do, and then taking risks to succeed.

Creating Your $50/cwt Mona Lisa ~ Diversifying your farm business enterprise

If you are enticed by the potential of a value-added enterprise, then three potential steps to start with tomorrow after breakfast. One, find the stick and hit yourself over the head until you are ready to do your homework. Two, take time to learn more about value-added agriculture enterprises. Three, don’t go it alone. In every state there are people and organizations that stand ready to assist.

Wisconsin Agricultural Land Prices 2021

This report provides a statewide overview of agricultural land values across Wisconsin based on a statistical analysis of actual sales and now includes the weighted average price of agricultural land sold in Wisconsin.

Working together to help farm families develop succession plans

The Wisconsin Farm Succession Professionals Network bring educators, agencies, and service professionals together to build knowledge and skills and to discuss coordinating efforts in farm succession to better serve the Wisconsin agriculture community.

Control of Farm Management Decisions

When working through developing a plan to transfer management decisions it is important to realize that management decisions should be transferred incrementally. Having a framework of when management decisions will be transferred will give both the owner and the successor generations peace of mind.

Sweat equity and farming

In farming, sweat equity is a term that is loosely used to define how established farmers use payment of a commodity or capital assets to replace some of the cash wages for employees. Sweat equity is also the term sometimes used to compensate a successor for years of labor and management that helped build the owner generation’s wealth.

What are the Tax Implications of Sweat Equity Arrangements on Wisconsin Farms?

In farming, sweat equity is a term that is loosely used to define the practice of using a commodity or capital asset to replace some of the cash wages for employees. Often times farms do not know how to document sweat equity as a payment for wages.

Tools for Pricing Standing Corn Silage

Tools are available to help corn growers and dairy and livestock producers negotiate a fair price for corn silage.

Dinner Conversations

Now more than ever, it is important to focus on eating together as a family. Research has shown us how important family meals are and there are significant studies that reinforce the benefits of mealtimes together. Discover ideas for starting dinner conversations that nourish the spirit, brain, and health of everyone at the table.

Traditions – Today and Tomorrow

“Traditions are the cement that keeps families together and helps you withstand the storms that come”. Traditions can build a strong base of resiliency as we emerge from Covid-19. Explore which traditions are worth keeping and which ones you might start in the future.

Weber’s Farms – Six Generations of Resiliency

Weber Farms, a 6th generation Wisconsin Century Farm is located in Marshfield, WI and since 1904 it has been delivering the finest, freshest dairy products from their Holstein cows for six decades.

Repairs and Improvements on a Rented Farm or Land

The landlord and tenant need to discuss improvements and repairs of the property before the lease begins. There is no right answer as to who should pay for what. A written lease detailing the responsibility of each party and agreeing to these items ahead of time will make the landlord-tenant relationship less troublesome.