Home / Business & Economics (page 2)

Business & Economics

Farm Diversification Spreads Risk

AUBURN, Ala.— Farm diversification is an important farm management practice producers use to maximize profits and reduce risks. What is Farm Diversification? Diversification is “the attempt to capture market gains and reduce risk by having multiple enterprise opportunities as part of my business plan,” said Ken Kelley, a regional farm and agribusiness management agent with the Alabama Cooperative Extension System. Kelley ... Read More »

New Extension Team Focused on Improving Farmers’ Business Decisions

agribusiness

AUBURN, Alabama — The Alabama Cooperative Extension System has launched a new program team to assist farmers and agricultural producers enhance their operations. The new Farm and Agribusiness Management Team will help producers and agribusinesses in being and remaining successful enterprises. Max Runge, an Alabama Extension economist, said that the new team will focus on aiding producers on several topics. “Our ... Read More »

What is available at fall farmers markets

AUBURN, Ala. – As the weather gets colder and the fall months push on, farmers market shoppers are left to question what is still available at their favorite markets.   (Photo: Patrick Kuhl // Flickr) Within the last few years, the nearly 200 Alabama markets have seen a dramatic rise in popularity. Due to this increase, farmers are finding new ways to stay competitive ... Read More »

Extension Farm and Agribusiness Management Team Offers Farm Tax Seminar

AUBURN, Ala. — Extension’s newly formed Farm and Agribusiness Management Team will present a one-day workshop Friday, Oct. 14, for accountants who work with farmers and other agribusinesses. The Farm Tax CPE Seminar will be in Prattville at the Montgomery Marriott Prattville Hotel and Conference Center at Capitol Hill. Registration begins at 7:30 a.m. The conference center is located at 2500 ... Read More »

Income Tax Workshops Planned for Farmers

income tax

AUBURN, Ala.— Income tax planning can affect your profitability and financial security. To help farmers understand the impact of income tax planning, the Alabama Cooperative Extension System is offering a series of workshops at locations around the state. Dr. Robert Tufts, an Alabama Extension attorney, will lead the workshops designed to help farmers and accountants who work with agribusiness determine ... Read More »

Tax Implications of Selling Cattle During Drought

cattle sale tax

AUBURN, Ala. – Cattle producers in north Alabama are facing drought conditions. In extreme cases of drought, producers may have to reduce their herd size to take the stress off their pasture. Selling such a large number of cattle at one time can raise concerns about the tax consequences from these sales. Producers are often looking for ways to postpone ... Read More »

Building a professional resume

AUBURN, Ala. — Making a great first impression is crucial when applying for a new job position. Presenting yourself and your skills in the best way possible can be the determining factor in how a potential employer will consider your application. In most cases, the first form of contact that applicants will have with employers is a professional resume. A ... Read More »

Forests in the City – Why Urban Forestry is Key

Auburn, Ala.—When most people hear the words city or urban, trees are likely not the first images that come to mind. Jack Rowe, an arborist, entomologist and horticulturist who works as an urban forestry agent with the Alabama Cooperative Extension System, gave more information about the subject. What may be surprising to some is that trees are actually essential for cities ... Read More »

Farmers Fight Low Prices with Diversification, Crop Rotations

AUBURN, Ala. — In recent years, farmers have seen record high and low prices for all things sold in the agricultural market. Market prices rely on worldwide supply and demand, so production on the world scale hits home for Alabama producers when prices stay low and cost of production remains high. Producers throughout the country are making adjustments on the ... Read More »

Rainwater Harvesting Could Revolutionize Poultry Industry

Rainwater harvesting

AUBURN, Ala.—Raising broiler chickens takes water—a lot of water. But rainwater harvesting could substantially reduce Alabama poultry growers’ dependence on municipal water sources or well water and reduce growers’ annual water bill by as much as $16,000 or more and pay for itself in as few as four to five years. Dr. Gene Simpson, a specialist with the Alabama Cooperative ... Read More »