High input prices continue to shrink margins, leaving farmers seeking additional insurance protection to cover their bottom line. ECO and SCO are area-based coverage options that provide extra protection to farmers.
Several years of favorable commodity prices, higher net farm income and a recovering supply chain contributed to strong sales of machinery and equipment in 2023. That trend could begin to decelerate in 2024 if lower revenue projections are realized.
Planning your next farm equipment purchase? Whether you intend to buy, finance or lease, you may be qualified to take advantage of substantial tax savings under Section 179 again this year.
Congress has returned to Washington, D.C. following a holiday season break and members of the House and Senate have again picked up work on two major unfinished items of business. In the meantime, work on the Farm Bill has continued.
Crop insurance is a pivotal tool, offering a safety net for farmers while simultaneously becoming an asset for agricultural lenders. Learn how both farmers and lenders benefit from this risk mitigation tool.
