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  • Contingency Planning with Cash Flow Shortages
    As cash flows from the farm operation become tighter, it is necessary to find other funds to help pay for asset purchases or delay asset purchases, and to repay debt. Unless crop price prospects improve, it would be difficult for the case farm to purchase assets, such as machinery and equipment, later this year. Working […]
  • Grocery Bills and the 2026 Midterm Elections
    Results from the Gardner Food and Agricultural Policy Survey show that issues surrounding affordability, and in particular food prices, may play an important role in the upcoming midterm elections. Results underscore that both cost of living and the economy more broadly are top issues for respondents and that the majority of respondents believe politicians can […]

Agriculture News

New GROWMARK chairman elected

Kevin Malchine of Waterford, Wisconsin was elected to serve as chairman of GROWMARK’s Board of Directors, effective immediately. He has served on the board since 2012. “It is an honor to serve in this leadership position of the GROWMARK System,” said Malchine. READ MORE

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IFB joins call for Congress to pass national E15 law

A coalition of more than 250 companies as well as state and national agriculture, biofuel, oil and energy industries groups signed a letter to the four party leaders urging legislators to “quickly adopt” the Consumer and Fuel Retailer Choice Act of 2022. Illinois Farm Bureau was among those groups. READ MORE

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IFB bylaw changes approved

Delegates approved a change to Illinois Farm Bureau’s bylaws. The new bylaw requires meeting notices be provided to voting members only. The change would also add email as an acceptable method for IFB to send voting members meeting notifications; however, print publications can still be used. READ MORE

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Thompson to chair House Ag Committee

U.S. Rep. Glenn “GT” Thompson, R-Penn., was elected to head the House Agriculture Committee when the new Congress is seated next month. He has sat on House Ag for more than a decade, previously serving as vice chairman and ranking member. READ MORE

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Communication key to smooth farm transitions

What makes a successful farm transition plan? It’s not just a pen and paper. “Legal documents at best are a good safety net,” said Dan Bean, partner at CMA Global. “But, what you need to rely on is good communication and relationships.” Attendees from a recent seminar by Beam shared how they’re working with family members on transition planning. READ MORE

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