Farming is a business. As such, perhaps you’ve organized under the veil of an LLC or Corporation. While operation under one of these entities is usually recommended for your farm, due to the passage of the Corporate Transparency Act, those with ownership stakes in small entities must file a Beneficial Ownership Information report moving forward, […]
It takes more than a tractor and a few barns to run a successful farm. It takes solid judgment and a sound business acumen. Financial mismanagement has foreshadowed the demise of many farms and agribusinesses. Don’t let yours become another statistic. Let’s take a look at a few areas to help you manage your farm’s […]
Over 1.5 billion tons of hazardous materials are transported throughout the United States annually, according to the US Department of Transportation and Commerce. Are you capable of sustaining a loss resulting in environmental damage? While uncommon, accidents happen, and the time to protect yourself from a financial loss is before it occurs. With the right […]
Authorized by the Immigration and Nationality Act, the H-2A Temporary Agricultural Program allows for foreign workers to enter the United States as seasonal farm workers. Efforts must have been made to recruit U.S. workers for the open positions, and farm employers must demonstrate that they were unsuccessful in filling them to qualify for the H-2A […]
Hunting season is getting underway. As a farmer with a vast amount of land, you should fully understand the risk you expose yourself to when allowing hunting on your property. We’ll look at the risk involved for you as the landowner when hosting visiting hunters and hopefully answer some of your questions. Perhaps you are […]
Peak Season coverage provides you additional protection during those times of year that you may have a higher-than-average inventory of certain items on your farm. Several uses for Peak Season coverage are: Seed Fertilizer Chemicals Stored grain Additional livestock Through the proper use of Peak Season coverage, you’ll no longer be paying for higher coverage […]
Combine fires are considered one of the most common and expensive agricultural fire-related losses by most farm insurance companies. If you’ve experienced a combine fire in the past, you know you’d rather be doing literally anything else besides dealing with it. As is often said, an ounce of prevention is worth a pound of cure, […]
Your farm is more than your home, it’s your business. As with all businesses, the owners must make decisions for continuity’s sake in the event of a catastrophic loss. How are you supposed to support yourself and family while rebuilding after that tornado, fire, or other disaster you may face? Farmers can rest easy knowing […]
As a farmer, you’ve worked tirelessly to grow a successful operation. As such, you’re well-deserving of a protection plan that meets your needs. Wouldn’t you agree? Isn’t it difficult to know which insurance carrier is truly worthy of your hard-earned dollars every year? You want a company that has your best interest in mind, a […]
As a farmer, you own a great deal of land. Did you know that oftentimes, some of that land can be more valuable to you taken out of production? Today we’ll discuss the Conservation Reserve Program (CRP) and how you could benefit from enrolling your environmentally sensitive land in CRP. One of the largest private […]
