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Farm Contingency Planning

Farm
Contingency planning is an important part of farm or ranch management. A contingency plan determines how a farm will respond to a crisis or disaster and how quickly it will be able to resume normal operations. Key decision makers can jump into action without having to come up with a plan in the middle of a crisis. If something tragic happens, are you prepared?

Insuring Your Farm and Home to Value

Farm
With today’s rising prices, being under-insured can create a serious financial shortfall when disaster strikes. If your property is inaccurately valued, you may not have enough coverage to fully replace your lost property, damaged equipment, supplies or inventory.

Diversifying your operation in the wake of COVID-19

Farm
When times are tight in agriculture, successful farmers and ranchers find a way to sustain revenue, even if it means trying something completely new. That drive, combined with the spike in demand for farm-direct meat, produce and other ag products spawned by COVID-19, has many growers exploring new on-farm ventures to sustain revenue.

Qualifying for Social Security as a farmer or rancher

Farm
For many Americans, Social Security makes up a sizable amount of their income in retirement. In 2018, 63 million Americans received approximately one trillion dollars in Social Security benefits, with a majority of those funds going to retired workers. However, due to the way in which many farm operators utilize the tax code to adjust their income, many farmers run the risk of not qualifying for Social Security retirement benefits.

Preparing Your Livestock Farm For Winter

Livestock
Now is the time to prepare your farm and livestock for the cold, winter temperatures ahead. Being prepared and having a winter emergency plan will reduce the number of sick animals and save money. Planning for and providing the basic needs – food, water and shelter, will help keep your animals healthy over the winter months.

Anhydrous Ammonia (NH3) safety tips from Nationwide

Farm
When you hook up an anhydrous ammonia (NH3) tank to head to the field, you're preparing to provide your corn crop a cost-efficient source of nitrogen. You're also taking responsibility for a potentially dangerous chemical that can be deadly if not handled responsibly.

Returning your farm business to normal during the pandemic

Farm
Businesses, schools and other institutions around the U.S. and world were faced with shutdowns as everyone scrambled to stay ahead of the COVID-19 virus. Though many farm operations and other agribusinesses have remained at least partially operational throughout the pandemic, there is a strong desire to return to normal operations.

Farm Telematics

Farm
With the growing number of truck and vehicle fleets being maintained on today’s large farms, farmers face increasing work in keeping track of every worker and machine. While that evolution opens up new risk exposures, safety is just one of the value propositions that makes telematics a worthwhile addition to any large farm operation.

Gifting Large Farm Assets

Farm
Farm transition planning isn't something many farm families want to discuss. The process that creates a blueprint for a farm's future is often an emotionally charged issue, especially when family farmers face the challenges of relinquishing control to the next generation.

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