China, Russia and Ukraine: Wildcards for Farm Economy

While the drought of 2023 is straining crop conditions, there hasn’t been any drought concerns when it comes to auction prices on used farm equipment, including combines and grain carts. Opposite of what you might think, preharvest is actually a good time to buy, according to Machinery Pete.

Thursday ended with wheat slightly higher, corn and soybeans lower and cattle hit new highs then crashed despite higher cash. Darin Newsom with Barchart has the analysis.

“Whether you need a trust is about dollars, but it’s also about several other factors including control, asset protection and family relationships,” explains Kelly Jackson Hardy, CPA and principal with CLA.

The best ideas for your farm can come from anyone on your team. How can you foster an environment of innovation and strategic focus? Use a process Mark Faust calls an “innovation sprint.”