2024 Newsletters

  • February  Inside this Newsletter: Farm Bill decision time, Business IQ study email version, 2024 Spring Profitability Conference, Now is the time to start a new set of books, Farm Transition, Direct-to-consumer classes, U.S. Beneficial Ownership Information Registry Now Accepting Reports
  • March - Inside this Newsletter: Spring Profitability Conference, An Early look at 2023 SWFM Financials, IRS collection notices are back: what to expect, This ain’t fair, IRS Updates Form W-9 for 2024, Now is the time to see how you are doing, Retired equities in coop, What you need to know about Cost of Production, Is it real?  AI Generators,  Tax Preparation is Under Way
  • April - Inside this Newsletter: Association Board Members Needed,  Association farm incomes drop dramatically in 2023, Changes ahead for Association tax preparation, Clean energy credits, IRS Updates Form W-9 for 2024, Gifting and Tax Implications, Financial efficiency Ratios, Virtual currency/Crypto currency what is it?, Spring Association Board Meeting, Rolling soybeans: The good, the bad and the injured

     Annual Reports
  • 2023 SWFM Annual Report (PDF) 
  • 2022 SWFM Annual Report (PDF)
  • 2021 SWFM Annual Report (PDF)
  • 2020 SWFM Annual Report (PDF)
  • 2019 SWFM Annual Report (PDF)
  • 2018 SWFM Annual Report (PDF)
  • 1989-2017 Annual Reports available on AgEcon Search

Newsletter Archive

News

Cover Crop Scholarship

gthillen

Are you planning on trying cover crops on your farm in 2021, 2022 and 2023? If so you may be eligible for a significant scholarship.

Agricultural Business Management News

gthillen

Feed Cost

by Nathan Hulinsky, Extension educator, Agricultural Business Management

Feed cost is the most important and expensive input cost on a dairy farm. For a combination of reasons, feed costs have risen sharply since the fall of 2020. At Central Grain in Sauk Centre June corn prices are around $6.70 with a positive $0.10 basis, with higher positive basis for late summer.  Soybeans are around $15.00 with negative $0.40 basis. These are very competitive bids.  Futures prices this fall are currently several dollars per bushel lower than nearby contracts. If you have any excess grain, consider contracting it for sale this summer. 

 

Becoming a Great Farm Supervisor

gthillen

Do you want to improve your skills as a farm supervisor? In this four-part webinar series, we will cover leadership and communication, hiring and supervision, employee culture and employee handbooks, and leading with confidence.

Click to register

Using marketing plans to take advantage of current markets

gthillen

 by Dave Bau, Extension Educator, Ag Business Management, U of M Extension Regional Office, Worthington

Farmers should develop a marketing plan to take advantage of great prices offered for 2021 and 2022 crops. Marketing plans have many components. What should a farmer include in a marketing plan?
Cash flow needs: When starting a marketing plan, a major factor contributing to when a farmer sells crops is when there is a payment or cash flow demand. Start a marketing plan with a list of when cash needs to be generated. Click here for full article