AgCompass Celebrates 15 Years Serving the Ag Community

Helping Diversified Farms and Accounting Firms with Simple, Secure Software Hosting Starting out as a way for founder Ev Chambers to save 20,000 miles a year driving to consult with his clients in Wisconsin and Minnesota, software hosting company AgCompas has grown to serving farms and accounting firms in 16 states and one Canadian province….

Ag Barometer Hits 16 Month High

Purdue/CME Group Ag Economy Barometer Shows Significant Rise in Producer Sentiment Agricultural producer sentiment rose last month to its highest level since January 2017, as producers expressed an improved view of current conditions and future expectations of the U.S. agricultural economy, according to the Purdue University/CME Group Ag Economy Barometer. The May barometer reading of 141 was…

According To Ag Barometer Lower Taxes Are Possible

Ag Producer Sentiment Turns Higher; Many Expect Lower Taxes By Hoosier Ag Today After trending lower in late 2017, the Purdue/CME Group Ag Economy Barometer turned higher in January. The monthly survey of 400 agricultural producers from across the U.S. indicated that the measure of producer sentiment climbed to 135 points at the beginning of 2018,…

Better Decisions Without The Wait – How To Use In-Season Data For Crops

6 steps to use in-season data and improve your bottom line: better decisions without the wait.  As a modern farmer, you know how important it is to analyze your long-term field and crop trends. But don’t have to wait to accumulate years of data to make better decisions for your business. With real-time data, you…

Ag Barometer Shows Post-Election Improvement

Post-Election Improves Monthly Ag Barometer Producer sentiment about the agricultural economy soared on the heels of November’s presidential election, according to the December Purdue/CME Group Ag Economy Barometer report released Tuesday (Jan. 10). The December survey results landed the barometer at an all-time high reading of 132—a 16-point jump from the November survey. The barometer…

7 year-end tax planning tips for farmers

In the season of spending time with family and friends, year-end tax planning probably isn’t high on your holiday to-do list (perhaps it’s not even on the list yet!). While tax planning might not be the most exciting thing to do during the holiday season, it’s important to start tax planning as the year ends….

Ag Barometer Producer Results Soar

Ag Barometer Producer Prices Increase Soaring soybean prices, now at a four-month high, helped to push up the Purdue/CME Group November Ag Economy Barometer to 116, its highest level since October 2015. The barometer rose 24 points above the October low of 92 in the nationwide survey of 400 agricultural producers, according to the report released…

5 Key Steps to Successful Farm Transition

Tips for successfully handing your farm over to next generation by Chelsea Johnson Transitioning your family farming operation to the next generation of owners can feel overwhelming at times. You may be considering questions like: Where do I start? Do I need a lawyer involved? How do I make sure the farm stays successful through…

October Ag Barometer Results

Producers’ fading hopes for a turnaround in the ag economy pushed down the Purdue/CME Group October Ag Economy Barometer to its second lowest reading yet, according to a report issued Tuesday by Purdue University’s Center for Commercial Agriculture. The survey results came as the farm economy struggles with lower commodity prices and record crops. In…

Legacy Farm Plan From The Cloud

Planning for farm succession Increase the odds of creating a successful legacy by developing business transition plans. This article from Midwest High Plains/Midwest Journal points out the importance of careful planning to make a successful transition to the next generation. At least one out of five farmers doesn’t have a clue what will happen to…