Frontier Farm Credit

Our economist Matt Erickson discusses the key indicators shaping the Federal Reserve’s next interest rate moves and possible impacts on agriculture.

Sage words can help set you up for success when you are getting started in agriculture. Here are three pieces of advice from a panel of financial advisors at our most recent Side by Side conference for young and beginning customers. ? ???????? ?????????? ?????? ???????? ???? ???? Understanding your priorities and goals is one of the most important skills in agriculture because there will be tons of opportunities to chase. You need to make sure you are chasing the right ones. Especially for young producers, it’s important to think through your strategy.? – ?????????? ????????????, ?????? ???? ?????????????? ?????????? ???????? ?????????????????? ???????????? Be sharp with your pencil. Going line item by line item, using last year’s transactions, can be eye opening – and uncomfortable. But a lot of times that is when we start seeing some surprises financially. – ???????????? ????????????, ???? ???? ???????????? ???????????????????????? ???????? ???? ???????? ???????????????? ???????? Make your lender and your vendors earn every dollar you pay them. And be sure that you're asking the right questions. I see people assume they know something, and they can have big misses when all they have is a 15-minute conversation. – ???????????? ??????????????????, ?????????? ?????? ?????????????????? ???????????????????????? ??????????????

The September 30 deadline for protecting your 2025 crop with Margin Protection is fast approaching. Farm Progress spoke with our insurance leader, Tony Jesina, about considerations for managing risk in today’s environment. The questions below are a good starting point for conversations with your crop insurance agent. ? Can your cost of production be covered by a traditional multi-peril crop insurance policy? ? Do you have enough working capital to sustain a revenue loss? ? What is your risk tolerance? ? Are your actual production yields consistent with county averages? Link to full article in the comments.

With the U.S. beef supply likely to remain constrained into 2025, demand will dictate prices moving forward. Analysts at Terrain explore whether consumers will continue to choose historically high-priced beef over other options. https://lnkd.in/g49iMrbK

Markets anticipated strong yield projections in the September WASDE, and USDA delivered. But our economist Matt Erickson says the good-to-excellent crop conditions mean final yields could be even higher, based on historical trendlines. https://lnkd.in/gDz5X74f

Given the decline in commodity prices, risk management is more important than ever. Tune into our latest crop insurance podcast to learn more about our comprehensive risk management review.

We’re heading into an environment where typical levels of insurance purchased aren’t going to cover the cost of production. Area plans, or county-based plans, can help bridge the gap between profit and loss. In this podcast, our SVP of insurance Tony Jesina is joined by crop insurance teammates to talk about area plans, and why they make sense in the current price environment.

Over the years, our annual conference for young and beginning producers has given our customer-owners the opportunity to hone their financial skills and build valuable relationships with their peers. Thank you to all who attended our 15th annual Side by Side conference last week. We know it is a big deal to take time away from your farms and ranches, and appreciate you joining us for two full days of learning, networking and fun.

Join us in welcoming the young and beginning customers attending our 15th annual Side by Side conference. ?? We kicked off the event with a greeting from our CEO, an insightful producer panel and networking activities.

Have you ever wondered how the plants you buy at your local nursery are grown? Loma Vista Nursery recently gave us a tour of their wholesale nursery and shared a behind-the-scenes look at the growing process.