E15 | Farm Income: Trends, Challenges, and Strategies
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E15 | Farm Income: Trends, Challenges, and Strategies
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Episode Summary
Today I take a look at farm income trends over the years, what "returning to normal" could look like and how farmers can navigate the financial ebbs and flows from the markets. I discuss how knowing our enterprise breakevens has impacted our operation and marketing decisions.I share how farmers can still make informed decisions that are beneficial to their operation even through the uncertainty of the markets.
In this episode I break down some of the trends of farm income and how that can impact our operations:
- I dive into the different trends of farm income over the years and their impact.
- I discuss the importance of knowing your enterprise breakevens and their impact on marketing.
- I talk about value of having a marketing plan and an advisor to help make marketing decisions.
Resources & Links:
- Check out my free training, click here!
Connect with Garrett:
- Follow on Instagram - @garrettruskamp
- Follow on Facebook - Garrett Ruskamp
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