’24 Financial Outlook
SW Financial Literacy This past week I met with 7 operations in 3 days, where we updated and reviewed financials while discussing the...
top of page
Search
Jan 164 min read
Ways to Benefit From Your Lender
SW Financial Literacy A few of my posts on Twitter/X (@gwiesefarms) about working hand-in-hand with your lender received some surprising...
1 view
Jan 92 min read
Common Mistakes on a Year End Balance Sheet
SW Financial Literacy Balance sheets need to be accurate. The most popular date to create balance sheets is on December 31st. This makes...
0 views
Jan 22 min read
5 Important Items on a Purchase Agreement
SW Financial Literacy Are you planning or hoping to buy farm ground? Then you need to know the basics of a purchase agreement. The...
0 views
Dec 26, 20231 min read
4 Reasons to Not Buy Farms with Cash
NE Current Events Hamilton County Nebraska Auction Results from 12/14/23. 153.3a south of Aurora, NE sold for $16,050/a through BigIron...
4 views
Dec 19, 20232 min read
How to Add Acres in 2024
NW Call to Action How to Add Acres in 2024 Goals drive me. In 2022 I made it a personal goal to add a property to my balance sheet....
0 views
Dec 12, 20233 min read
The 1 Thing New Farmers Should Track for Financial Success
SW Financial Literacy The 1 Thing New Farmers Should Track for Financial Success. Farming requires tracking a lot of numbers – and...
0 views
Dec 5, 20232 min read
Farmers Speak: What they should have done in their first 5 years.
SW Financial Literacy I sent this question to X (Twitter) and received some insightful responses. Enjoy! If you could go back and start...
0 views
Nov 28, 20232 min read
5 Ways to Not Farm (In Your First 5 Years)
SW Financial Literacy It is difficult to begin generating income to grow your farming operation. One poor decision can take years to...
0 views
Nov 21, 20231 min read
6 Questions for Your Lender
SW Financial Literacy Getting a new ag real estate loan? 6 questions you should be asking your lender: Should you make a larger down...
1 view
Nov 14, 20235 min read
Buying Farms with Less Cash
SW Financial Literacy As buying farms gets more expensive, oftentimes farmers don’t feel they have the proper cash position to pursue the...
0 views
Nov 7, 20232 min read
The 5 Advantages of Owning Real Estate
SW Financial Literacy Owning real estate comes with a lot of advantages. There are loan programs and buying options to help lower the...
0 views
Oct 31, 20232 min read
Balance Sheets Require… Balancing
SW Financial Literacy I sometimes run into confusion when a farmer is working to update their balance sheet after a recent transaction....
2 views
Oct 24, 20232 min read
Negotiating Tip to Buy Farms
SW Financial Literacy Situation: Farmer heard some rumblings that a land might be moving and reached out to the owner expressing interest...
1 view
Oct 17, 20233 min read
Thoughts From a Combine
NW Call to Action I posed this question to X and received 90 responses: “Fungicide pays. Tile pays. What else do you swear by that is...
1 view
Oct 10, 20232 min read
Accrual vs. Market Basis
SW When working a new loan request or updating financials, I will occasionally receive an updated balance sheet pulled from a bookkeeping...
1 view
Oct 3, 20231 min read
Remember the Last Row Crop Downturn?
SW The example shows a 67% decrease in Working Capital and almost $600,000 of Net Worth (Total Equity) losses over a 5 year period....
1 view
Sep 26, 20231 min read
Purchase Agreement Tips
SW Purchase agreements can be difficult to understand and even intimidating if you don’t know what they contain. I always recommend...
4 views
Sep 19, 20232 min read
Dollar-Cost Averaging and Breakevens
NW Timing the market and always buying farm ground or cattle at the lowest price point is nearly impossible. There are thousands of...
3 views
Sep 12, 20232 min read
Corn Exports Impacting Your Working Capital
NE While I expect U.S. yields to be lower than today’s estimates once the January production report comes out, I don’t expect much of a...
1 view
bottom of page