Pinion Insights: Posts from category

Farm Business Management

Navigating FMMO Changes: What Dairy Producers Need to Know

By Pinion Editorial | December 15, 2024
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Reading Time: 3 minutes
The dust is still settling from the Presidential election, but if you are a dairy farmer, you have another weighty vote to cast. The proposed changes to the Federal Milk Marketing Order (FMMO), announced on November 12, 2024, are now up for consideration. All active dairy producers who had milk …

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Is Your Business Ready for Leadership Transition?

By Pinion Editorial | December 10, 2024
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Reading Time: 3 minutes
Whether your leadership transition is months or years away, there are crucial steps you can take now to prepare for a successful outcome. But successful transitions don’t just happen overnight. They take planning, preparation and foresight. In this blog, Pinion advisors share common succession pitfalls and strategies to help you …

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Emergency Relief

Bracing for Natural Disasters – To Do’s and FAQs

By Pinion Editorial | October 25, 2024
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Reading Time: 5 minutes
What individual farmers can do to mitigate risk in the midst of crisis: 1. Have a farm emergency action plan in writing. “Most state departments of agriculture offer templates, and knowing who to contact in the event of an emergency is the most important part,” says Phil Newendyke, director of …

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flooded field

Documentation is Key for Disaster Assistance after Hurricane Helene

By Pinion Editorial | October 1, 2024
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Reading Time: 2 minutes
Recovery from Hurricane Helene is well underway in the Southeast, and many farmers are struggling with decisions on what to do with damaged crops and livestock facilities. The Category 4 storm impacted farms in the states of Florida, Georgia, Tennessee and the Carolinas, where fast winds and flooding washed out …

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usda building

USDA Deadline Announced for Emergency Relief Program and FSA-510 Filing

By Pinion Editorial | July 30, 2024
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Reading Time: < 1 minute
The U.S. Department of Agriculture recently announced August 14, 2024, as the deadline for commodity and specialty crop producers that suffered losses as a result of a 2022 natural disaster to apply for the Emergency Relief Program (ERP). An estimated $3.2 billion in funding was allocated by Congress to cover …

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5 Traits Found in Resilient Producers

By Pinion Editorial | July 26, 2024
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Reading Time: 5 minutes
What keeps a farmer in business through droughts, rising costs, falling prices and other invisible struggles? What helps you weather through? “As an Ag marketing and risk management advisor who’s been around the block (more than a few dozen times), I’ve had the benefit of having had thousands of honest conversations …

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5 Signs You’ve Outgrown Your Accounting System

By Pinion Editorial | May 12, 2024
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Reading Time: 3 minutes
Is your accounting system holding your business back? Maybe you’re so busy running the business that sorting through scattered financials seems more of a headache than it’s worth. Or maybe you’ve tried making changes and were met with responses like, “If it isn’t broke, don’t fix it”, or “We’ve always …

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Co-ops Can Increase Employee Retention with These 6 Steps

By Pinion Editorial | April 22, 2024
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Reading Time: 4 minutes
In recent years, securing new employees has been an overwhelming concern for businesses, with several reasons contributing to the shortage of job seekers. The pandemic has accelerated a shift to non-traditional work structures, and while companies offering remote positions have been receiving a steady stream of applicants, employers with traditional …

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