Let’s talk money
publication date: Jan 1, 2020
Like it or not, it is hard to exaggerate the importance of money in our farming lives. Most of us chose this profession for reasons unrelated to income, but money is the ultimate trump card when it comes to our farms’ viability. Put simply, if a farm spends more money than it earns for more than a short amount of time, no amount of planting plans, fertility regimens, or even tenacious hard work will keep it afloat.
It follows, then, that we as farmers should talk about money. The more we can use each other as financial sounding boards, the more profitable, comfortable, and ultimately sustainable our farms will become. The least sustainable thing a farm can do, after all, is go out of business.
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