Farmland in Florida is a great addition to any investment portfolio as we mentioned in our previous blog post. The biggest draw to many is that, in general, active farmland has a proven track record in times of uncertainty. Consistent, income-generating property is music to the ears of most investors. However what if you know nothing about farm management? As you can imagine, there are many moving parts that make a farm successful.
The year 2020 drew to a close without much fanfare. Between a global pandemic and political tensions, there’s been a lot to process. The year has also left many wondering what to expect for 2021. Will it be more of the same? No one knows for sure.
Farm Credit of Central Florida has licensed crop insurance agents that will help you include a crop insurance policy in your operation’s risk management plan.
Approaching a prospective lender can be intimidating if you’re a beginning farmer, but there are things you can do to make the loan process less stressful.
With all of the moving parts that go into producing a crop it is extremely important that farmers have a detailed budget in place as leaving out even one line item could have drastic consequences. Learn about where to start when preparing a budget.
Finding the right farmland involves more considerations than most capital expenditures, and can have a major effect on your profitability. Prepare to spend time researching various aspects of the land and evaluating its compatibility for your operation.
The success of your farm operation not only relies on good planning but also on strategic purchasing decisions. Here are three tips to take into consideration before making a purchase.
Whether you’re a beginning farmer or an experienced farm operator, having a good business plan is a crucial component for your operation. A business plan creates a clear road map in order to keep you on track for success
While the world was in the early stages of the COVID-19 health crisis and Americans were facing many challenges from the shutdowns, Matt McLean was busy trying to figure out an additional obstacle, the rare opportunity to buy back his beloved family business, Uncle Matt’s Organic.
