AgriFinance Advisors, Inc. announces the launch of AgWizard – an Online Financial Advisor for farmers. The #1 frustration farmers experience in managing their business is the complexity in knowing when to market their grain. With today’s extremely volatile commodity prices and razor thin margins, farming without a marketing plan in place becomes even more challenging. Now, a farmer who logs … Read More
FarmLogs Announces $4 Million Series A
FarmLogs is a leading farm management software company that helps farmers digitally manage their farm. Today, they have announced a $4 million Series A round of financing led by Drive Capital. The funding comes on the back of massive growth for the company and will be used to expand the FarmLogs team as they execute on an aggressive product roadmap … Read More
Precision.AgWired.com Podcast: Looking ahead to 2014
As we head into 2014 all indications show that farmers won’t see the record high prices they’ve been experiencing in recent years. David Lynn, senior vice-president of financial services for Farm Credit Mid-America says that will change how farmers plan for the coming years. In this Precision.AgWired.com Podcast, sponsored by Ag Leader Technology, we’ll take a look at what could be … Read More
Improving Rural Broadband Service
Agriculture Secretary Vilsack announced loans to help finance the construction of broadband networks in rural Iowa, Minnesota, Oregon and South Dakota. The U.S. Department of Agriculture (USDA) remains focused on carrying out its mission, despite a time of significant budget uncertainty. Today’s announcement is one part of the Department’s efforts to strengthen the rural economy. This funding announcement will provide … Read More
New App From Rabo AgriFinance
Rabo AgriFinance has launched a new interactive mobile application for the iPad, to provide valuable financing information and enable growers to make informed seed purchasing decisions. The app is targeted to vendor finance customers of Rabo AgriFinance, which includes input manufacturers, ag retailers and producers, and can be downloaded from the iTunes store. There is also a function that allows … Read More
Financing Your Precision Gear
At the National Farm Machinery Show I visited with Russ Morman, Ag Leader Technology about financing. We don’t talk about that a lot but it’s very important. They work with Lease Consultants offering three different plans. He says the most popular is the Precision Annual Plan that allows customers to spread the cost of the equipment over up to five … Read More
Ag Technology Draws Investment Interest
Agriculture 2.0 is drawing big interest from Silicon Valley venture funds, according to Illinois-based Open Prairie Ventures. “Current projections are that the food supply will need to double over the next 30 years to feed the ever-increasing demands of the global population,” said Jim Schultz, founder of Open Prairie Ventures. “If we are going to increase our food supply by … Read More
Year-End Tax Deductions on Equipment Buys
With the end of the year upon us, it’s always wise to check with your tax professional to discuss possible year-end investment strategies on equipment purchases. Gary J. Hoff, agricultural economist, University of Illinois, says that legislation passed by Congress and signed by the President on September 27, 2010 will reduce the tax bite for many farmers this year. Here’s … Read More
Don’t Need To Go Whole Hog ASAP With Precision Farming
AgWeb caught up with Missouri Farmer Dennis Isgrig at a recent farm show. Check out this video to learn how he uses the free WAAS signal and has adapted technology to his older planter to keep costs lower and pay it back quicker.
Solar Power Reduces Farm Energy Costs
Energy costs can be huge on some farms–from dairies to fruits and vegetables. In this age of greater precision to find ways to cut costs, an orchard in Massachusetts pursued grants to install solar panels to reduce its $80,000 annual electrical costs, according to a piece in The Telegram in Worcester. Carlson Orchard, selling apples since 1938, has installed 1,050 … Read More