A properly structured cropland lease puts expectations into writing, helping tenants expand their operation while protecting the tenant-owner relationship.

A Practical Guide to Cropland Leases

Do you have enough feed to last the feeding season? And if not, should you purchase more or change your feeding program? Your feed inventory will tell you.

Feed Inventory Management: Setup, Best Practices and Calculations

Understanding your cost of production is crucial for benchmarking your performance, evaluating future purchases and making better marketing and management decisions.

Calculating the Cost of Production for a Cow-Calf Operation

A CPA can help with your bookkeeping, taxes, accounting and business planning, but bringing one on board can involve a significant expense. Here’s what you need to know before hiring one.

How Much Will a CPA Cost My Agricultural Business?

Choosing the right business structure can affect your liability if something goes wrong, your taxes, how you pass the business onto the next generation and your flexibility when bringing in investors. 

How to Choose the Right Business Structure for Your Farm or Ranch 

Equine insurance helps protect owners from devastating financial losses. But before you buy a policy, you’ll want to know what types of coverage exist and what’s included.

A Simple Guide to Equine Insurance

Getting these documents together before meeting with an expert can save you time and money and lead to better decisions.

A Document Checklist for Farm and Ranch Succession Planning

Livestock leases can help owners earn additional income while providing lessees with new genetics and expanded production without having to purchase more animals outright.

A Simple Guide to Livestock Leases

Federal crop insurance is a crucial risk management tool, but the way it works can get complicated.

A Simple Guide to Crop Insurance

Caitlyn Kelly

Transitioning an agricultural operation—whether a farm, ranch, or other ag-based business—can be a complicated and daunting process. Familiarizing yourself with these basic succession planning concepts is a great place to start.

The Succession Planning Starter Kit: Checklist, Definitions and Resources

Land lease agreements or ‘grazing leases’ can be a valuable tool, giving new farmers access to land they might not be able to buy outright. Here’s what you can expect to find in a typical agreement.

A Simple Guide to Grazing Leases

Gross profit can be an important decision-making tool, revealing the profitability of different business segments and sales channels. Here’s how it works. 

What Is Gross Profit, and Why Is It Important in Agriculture?

Part One of Managerial Accounting for Raising Livestock for Cow-calf, Dairies, and other Breeding Stock Operations

Why Managerial Accounting is Important

As a farmer, you likely use accounting to satisfy external requirements, like filling out Schedule F during tax season or preparing financial statements to apply for loans or grants. You also are likely asking operational questions that, with the right habits and systems in place, could be answered through accounting.

All “Managerial Accounting” Posts