Farm Credit Services of America

Dr. David Kohl joins our young and beginning relationship officers to discuss transition planning. He provides valuable advice on how to have these tough but constructive conversations. Listen to the full episode on our website or search "Side by Side Digital" in your favorite podcast app.

In his Q4 beef outlook, Terrain analyst Dave Weaber shares that he now views 2024 as more of the normal trend for cattle markets. Read to find out why and what it could mean for beef producers. https://lnkd.in/gr5iZkz4

National Co-op Month is a great opportunity for us to highlight what’s really important – serving our customer-owners. From those just getting started in agriculture to fifth-generation farms. From row crop operations to cattle ranches and everything in between. We’re proud to serve our customer-owners. #NationalCoopMonth

No two producers define success in the exact same way. Dr. David Kohl joins several of our young and beginning relationship officers to discuss the secret sauce to achieving your goals. Listen to the full episode on our website or search "Side by Side Digital" in your favorite podcast app. https://lnkd.in/guwek8Bp

We’re excited to spend another day at the 97th National FFA Convention & Expo alongside so many blue jackets from across the country. The energy these students bring is contagious. We're proud to support both state and local FFA programs that are growing the next generation of agricultural producers and leaders. National FFA Organization #FFA24

Today’s tight-margin environment might require producers to make several adjustments –?smaller cuts that add up versus reworking one or two bigger parts of their operation. Whether that is negotiating cash rent with landlords, selling underperforming assets, sharing equipment or finding additional revenue streams, producers at all levels have options. “None of us know how tough, how deep or how long this cycle is going to last. The good news is we have record levels of working capital going into this cycle. However, working capital management will be one of the most important things producers will need to do.” - Jim Knuth, Iowa SVP of Lending When weighing the benefits of an operational investment against decreased working capital, Knuth suggests producers ask themselves: ? Can I afford a down payment that gets my debt to a sustainable level? ? Does that leave me with adequate working capital for the size, scope and risk of my operation?

“How will PLC reference prices compare to 2025 commodity markets?” This and other questions remain as we wait for the new Farm Bill. Join our upcoming webinar as we review where the bill stands, possible implications for farming operations and how to think strategically depending on the outcomes of the election. Link to register in the comments.

Young and beginning relationship officers Evan Babcock, Corey Bacon and Robbie Alexander discuss the steps of buying farmland – and share valuable insights they’ve learned while purchasing land themselves or helping others get started. Listen to the full episode on our website or search "Side by Side Digital" in your favorite podcast app.

Farmers had a lot of grain in bins heading into harvest – up 29% from a year ago. Many will consider putting new crop into storage, hoping for an increase in price that outweighs storage costs. As a result, it is reasonable to expect commercial storage to come with a premium price. Our economist Matt Erickson runs some scenarios to identify at what point storage pays in today’s price environment. https://lnkd.in/grEfE_dC #WASDE

U.S. net cash farm income has experienced the steepest two-year decline in history. Our analysts at Terrain look at recent farm sector income projections by the USDA’s Economic Research Service that show how dramatic that loss in profitability has been and where rural economies have experienced the deepest cuts. https://lnkd.in/eSdX9WxK