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Full-Text Articles in Life Sciences

The Basics Of Loans For Farmers And Ranchers, Jessica Groskopf May 2024

The Basics Of Loans For Farmers And Ranchers, Jessica Groskopf

Center for Agricultural Profitability

Borrowing a loan can be a useful tool for farmers and ranchers, especially to fill in gaps when cash or working capital is short to cover current obligations or to make necessary or planned capital purchases. Before signing for a loan, understand the loan terms and repayment requirements as spelled out in the loan documents. This article defines and explains important lending terminology and considerations for farmers and ranchers.


The Importance Of Strategic Planning For Farmers And Ranchers, Larry Van Tassell Feb 2024

The Importance Of Strategic Planning For Farmers And Ranchers, Larry Van Tassell

Center for Agricultural Profitability

Planning, or more specifically, strategic planning, is a process of defining long-term goals and objectives of an organization and determining the best course of action to achieve them. It involves such steps as defining the current situation, identifying strengths, weaknesses, opportunities, and threats, and developing a plan of action to take advantage of opportunities and overcome challenges. Parsons (2018) outlined six key components of a business plan and why a farm or ranch should make the effort to develop a business plan.


Perceptions Of Available Funding Opportunities For West Tennessee’S Young And Beginning Row Crop Farmers, Logan Meeks Jan 2024

Perceptions Of Available Funding Opportunities For West Tennessee’S Young And Beginning Row Crop Farmers, Logan Meeks

Murray State Theses and Dissertations

Research quickly identified many different avenues of funding available to new and beginning traditional row-crop farmers in Tennessee, but questions surrounding local farmers’ knowledge of these opportunities are in question. Many programs specific to the New and Beginning Farmer demographic boasted the potential benefits of using these programs as well as the good work these programs are accomplishing. The current increase in cost of traditional row-crop funding continues to drive the need for more funding resources with New and Beginning Farmers. Providing resources of where farmers can find the best available funds for their operation will expand the level of …