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.
The season of New Year’s resolutions is upon us. This time of year, we start reflecting on what we have accomplished and what we would like to achieve in the year ahead. Before jumping right into those new resolutions, take some time to remind yourself of your big-picture or long-term vision for yourself and your farm business, set strategic goals to align with your vision, develop an attainable plan of action, and identify who is responsible for each part of the plan.
This presentation given for Hoard’s Dairyman provides an overview of dairy markets, examining recent trends and future directions dairy demand and pricing could go.
This article was originally published in Progressive Dairy. For many farmers, farming is widely viewed as a “way of life” rather than as a business. The Internal Revenue Service (IRS) considers an activity a trade or business if it is conducted with a profit motive. Profit is defined as income or receipts greater than expenses, […]
In this recorded Badger Dairy Insight webinar, UW-Madison Division of Extension Farm Management Outreach Specialist Jim Versweyveld discusses onboarding and training for dairy employees and discusses how interactive learning experiences can help build confidence by allowing dairy workers to actively participate in their own training.
The House of Representatives cast votes on the Whole Milk for Healthy Kids Act (House Resolution 1147) . Whereas, the bill revised requirements for milk distribution under the National School Lunch Program, managed by the Department of Agriculture (USDA).
There is typically a 3-5% increase in milk and butter sales in the United States during the fall months, compared to the summer period. This rise is largely attributed to the holiday season, with November and December witnessing a significant surge in dairy product purchases.
The draw to farming is usually not having business meetings. You never hear someone say they love farming because they are sitting in a meeting room talking about business. They will probably say they’d rather be doing something…. with animals, crops, machinery, you name it…anything but meetings. But how do we know if we are […]
In the ever-changing landscape of agriculture, staying competitive requires more than just identifying challenges; it includes identifying opportunities as well. Both demand a deeper dive. Explore the power of defining strategic issues on your family farm. Taking this step can help you find creative solutions that lie beneath the surface, that can move your farm […]
If you are considering a change to your farm business, it can feel like you are starting a new journey. You have cows to milk, fields to prepare, seeds to plant, and a future to plan. But, just like a road trip needs a map, your farm needs a plan, too. That’s where a destination […]
Do you look forward to and dread the holiday season at the same time? The holiday season can be even trickier when you are a part of a family farm. Farmers are often juggling the end of crop harvest, year-end financial decisions and changing weather as we step into the full swing of the holiday season. A family farm blends home and workplace, creating a mix of family ties and work duties.
Every day, Wisconsin farmers and farm families face financial challenges, physical demands of the job, and challenges outside of their control that impact their lives. These challenges can lead to chronic stress that can affect a farmer’s mental and physical well-being, their relationships, and decision-making and create unhealthy coping mechanisms, such as alcohol and substance use.
Understanding the proposals is critical for informed participation in the hearing process, effective advocacy, and the strategic planning of various stakeholders in the U.S. dairy industry. Testimony is in progress by subject area, in the following order proposal wise classified on the basis of
The farm bill is an omnibus, multiyear law that governs an array of agricultural and food programs. It provides an opportunity for policymakers to comprehensively and periodically address agricultural and food issues. In addition to developing and enacting farm legislation, Congress is involved in overseeing its implementation.
Dairy markets are facing downward price pressures from increased milk production, slower demand, and competition in export markets.
Financial Planning Month is observed during October. For farmers, this time of year may be focused on harvesting the crops that were planted earlier this spring or summer. But in this day and age of farming, crops can be harvested all year long with many different types of crops, season extensions like high tunnels, and indoor spaces such as greenhouses.
In this video, Andy Larson, farm financial consultant with the Food Finance Institute and also the Wisconsin Small Business Development Centers, talks about financing options for a rural food or farm business. We’re going to spend most of our time talking about traditional banks and traditional lending, but also bring up a number of options that are more non-traditional, if you don’t want to use a bank or you can’t.
In this instructional video, Gaonou Thao, an Extension Specialist specializing in HMoob/Hmong Farmer Outreach, delivers comprehensive guidance on completing a land lease application in HMoob. This video is specifically tailored to cater to the needs of farmers who may not be proficient in English.