#farm-financial-management

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#dairy-farming-economics #structural-business-problems #federal-milk-marketing-order
from24/7 Wall St.
1 week ago

I'm a 27-Year-Old Farmer With $2 Million in Debt on $12 Million Revenue

A dairy operation that burns through $2 million in two years on $12 million in revenue has a structural problem, not a temporary one. A farm that accumulates $2 million in debt on $12 million in revenue is structurally losing money. Understanding why matters more than choosing a debt repayment strategy.
Agriculture
Agriculture
fromRealagriculture
2 weeks ago

Farmers say improving financial decisions boosts profitability more than new tech or government programming

Seventy-three percent of Canadian farmers believe improving financial decision-making impacts profitability more than technology or government programs, with younger farmers showing strongest agreement.
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