Creative Thinking About Your Farm Business

We talk a lot in Ag about lifestyle and legacy, but without a viable farm business there will be neither of those things. Faced with declining commodity prices, elevated input prices and a doubling of interest rates, now is the time to think creatively about your farm business. Are you sitting on old crop grain and if so why? Did you buy machinery to avoid the tax man and if so, have you thought about what that does to working capital moving forward? All indications are, you’re gonna have higher per acre cost — yield alone won’t keep you profitable. Jarod Creed of JC Marketing & Ag Financial Services provides outlook, context, and information to help you prosper. Presented by AgXplore