Stress in Agriculture

For the past several years, Wisconsin farmers have faced a growing number of challenges that translate to high stress levels.  As John Shutske, Extension agricultural safety specialist at UW-Madison, puts it, “We’ve had a long-term downturn in crop and milk prices which has hit our dairy sector particularly hard.”  The low prices that have continued […]

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illustration of a farm

Farm Stress & Decision-Making During Challenging Times

Stress is a double-edged sword. A little stress can serve as a constructive motivator, galvanizing us to action. Too much stress, on the other hand, can damage our health compromise safety and sabotage personal relationships. With the arduous and sometimes volatile conditions we see in agriculture, the risk of too much stress is alarming.

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Develop a Vision for Yourself and Your Farm

A few questions may help get the discussion started: What are some ideas you are considering for your farm? What are your plans or goals for the near future?  What are more long term goals? Who else have you shared your plans with? Have you shared your plans with family members? Have you shared your […]

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a calendar

Is It Time To Exit?

A statement often made with professional athletes is that they stayed in the game beyond the years of their peak performance. Of course, the couple million they made for their time, helped ease the transition! However, we may ask the same question of a farm business, when is it time to gracefully exit, when are we trying to stay in the business too long beyond peak performance?

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Financial Troubleshooting

Knowing where to start with financial analysis can be overwhelming. It may be helpful to remember this just one step in the Farm Financial Model: Records → Management Reports → Decision Making Cash vs. Accrual Accounting Records It’s important to know if your records are on a cash or accrual basis.  Most farm records are […]

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Stressed? Take Stock, Take Care, and Gain Control

Stress is common in farming. The long hours can sometimes lead to fatigue, especially if there is not enough help. A feeling of a lack of control during changing times and conditions can compound the feeling of uncertainty. Other things that can cause stress are issues related to your kids, relationships, markets, the weather and other things you are not able to control.

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a family overlooking their farm

Determining Your Family Living Needs

Calculating family living needs is an important part of a financial checkup. Putting pen to paper regarding your actual expenses over the past couple of months, can be eye opening for anyone.

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