MSU Extension Beginning Farmer

Farm Business

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  What are tariffs and how could they impact farm prices?

  Published on December 16, 2024
  A review of potential tariff impacts on input purchasing decisions.

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  MSU Custom Work Rates Report Summary

  Published on December 10, 2024
  2025 MSU Custom Work Rates Report Summary

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  MSU Custom Work Rates Report

  Published on December 10, 2024
  Custom Machine Work Rates for 2024

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  2025 MSU Custom Work Rates Report

  Published on December 10, 2024
  The 2025 report covers a wide range of field machine operations.

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  Funding Sources for Food-Related Businesses, Digital Directory Edition

  Published on December 9, 2024
  Explore an overview of various financing sources available to food-related businesses in Michigan and across the United States through this new digital directory format.

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  High oleic soybeans—still worth considering?

  Published on December 5, 2024
  High oleic soybeans have the potential to improve human health and increase farm profits for those able to take advantage of near-term opportunities.

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  MSU Extension hosts virtual Beginner Grazing School

  Published on November 25, 2024
  MSU Extension’s Beginner Grazing School will feature eight virtual sessions Tuesdays and Thursdays starting Jan. 7 and running through January 30, 2025, from 7-8:30 p.m. EST.

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  MSU to host Marketing and Input Strategies program to discuss securing profits and minimizing input costs

  Published on November 14, 2024
  A virtual program from MSU Extension aimed at helping you navigate grain and input markets.

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  Tax planning is a valuable tool for reducing your tax liability

  Published on November 12, 2024
  Farmers should consider adopting solid tax planning strategies that maintains consistent taxable income across multiple years.

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  Bad years create tax planning opportunities

  Published on November 12, 2024
  Playing the long game in tax planning can minimize your overall tax liability.

• Farm Financial Wellbeing Worksheet walkthrough

  MSU Extension farm business management educator Florencia Colella provides a walkthrough across a sample farm financial wellbeing worksheet.

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  Understanding farm financial wellbeing

  Published on November 8, 2024
  Skilled farm decision-making considers overall farm and household wellbeing, of which finances are an important component.

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  Join the Beef and Swine Livestock Insurance program to discuss developing protection strategies for your livestock farm

  Published on November 7, 2024
  A virtual program from MSU Extension aimed at helping you navigate insurance policies and their use.

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  Negotiating reasonable land rent in times of low market prices

  Published on November 5, 2024
  How can you, the farm manager, help your landowners understand the impacts of lower prices and high input costs on profits?

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  Review your break-even grain prices to secure profits or minimize losses

  Published on October 30, 2024
  Following another year of declining prices, marketing strategies may need to focus on minimizing losses

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  Fall-time farm management decisions and how Michigan State University Extension can help

  Published on October 30, 2024
  Fall is a great time to review your farm production year’s status and outlook. Free education and resources are available to help make difficult decisions or adjustments for successful farm management.

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  Crop insurance for fruit growers: Update for the 2025 crop year

  Published on October 30, 2024
  There have been a number of recent updates to the crop insurance policies available to Michigan fruit farmers.

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  New to crop insurance? See the ‘Beginner’s Guide to Crop Insurance’ by USDA

  Published on October 30, 2024
  The “Beginners Guide to Crop Insurance,” recently released by the USDA Risk Management Agency, is available in Spanish and English.

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  Marketing spotlighted in new season of risk management series from MSU Extension

  Published on October 30, 2024
  Marketing is the main emphasis of this year’s Farm Policy and Risk Management Series

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  The what, why and how of organic: Resources and recordings available

  Published on October 29, 2024
  Learn from diverse farmers across Michigan about their experiences with organic certification.