In this episode of AgCredit Said It, host Libby Wixtead interviews attorney Ryan Conklin about the different types of entities farmers can use to structure their farms. They discuss sole proprietorships, partnerships, LLCs, and corporations, and the benefits and drawbacks of each. They also touch on the importance of having an operating agreement or partnership agreement in place, as well as the role of entities in succession planning. They emphasize the need for farmers to communicate with their lenders and other advisors when setting up entities and making changes to their business structure. They also conclude with advice for young and beginning farmers to start early when it comes to setting up an entity. Show Notes:&nbsp;  Resources mentioned in this episode:      Connect with AgCredit on Facebook, X and Instagram Share questions and topic ideas with us: Email podcast@agcredit.net

Ep. 52: From DBAs to Corporations: Decoding Farm Business Structures with Ryan Conklin

Host Phil Young interviews Luke Schrader of Schrader Real Estate &amp; Auction Company to discuss farm real estate values, farm equipment values, auctions, and the future of the industry. Luke shares his background in the real estate and auction business and talks about the team at Schrader Real Estate &amp; Auction. They discuss the current state of farm real estate values and the equipment market. Luke also talks about the growing trend of online auctions for equipment and they touch on the topic of buyer's premiums and offer advice for first-time buyers at auctions.&nbsp; &nbsp; Show Notes:  Connect with AgCredit on Facebook, X and Instagram Share questions and topic ideas with us: Email podcast@agcredit.net &nbsp;

Ep. 53: State of the Market: Farm Real Estate, Equipment and Auctions with Luke Schrader

Host Brenna Finnegan is joined by Steve Reinhard, a board member for AgCredit and a farmer from Crawford County, Ohio. They discuss the Ohio Soybean Council and its function, which includes collecting checkoff funds from soybean farmers and using them for promotion, education, and research in the soybean industry. Reinhard also highlights various products made from soybeans, touches on the challenges facing soybean farmers, and the importance of farmers getting involved in leadership roles to shape the industry.&nbsp; Show Notes:  Connect with AgCredit on Facebook, X and Instagram Share questions and topic ideas with us: Email podcast@agcredit.net &nbsp;

Ep. 54: How the Ohio Soybean Council and United Soybean Board are Transforming the Soybean Industry with Steve Reinhard

In this episode of AgCredit Said It, host Libby Wixtead interviews Roger High, the Executive Director of the Ohio Sheep Improvement Association. High discusses his background in the sheep and wool industry and the various roles he has held throughout his career. He also talks about the diversity of the Ohio sheep industry, including commercial operations, purebred breeds, and the growing interest in confinement operations and solar grazing. High highlights the importance of involving young people in the industry and discusses the priorities of the Ohio Sheep Improvement Association for 2024, including membership, legislative advocacy, and education. He also mentions the challenges faced by sheep producers, such as predators and the struggling wool market. The episode concludes with a discussion on how the Ohio Sheep Improvement Association connects with the public through educational programs and events like the Ohio State Fair. Show Notes:  Connect with AgCredit on Facebook, X and Instagram Share questions and topic ideas with us: Email podcast@agcredit.net &nbsp;

Ep. 55: A Look at Ohio’s Growing Sheep Industry with Roger High

Host Phil Young interviews a group of young farmers at the 2024 Emerge Experience conference. The farmers discuss the challenges they face and talk about the importance of having a support system and collaborating with fellow farmers. The farmers mention their mentors, such as their grandfathers, and the value of learning from their experiences. They also discuss how they stay informed about the industry, including attending conferences, listening to podcasts, and using social media. To wrap it up, the farmers share their thoughts on the upcoming year, acknowledging the challenges of low crop prices and the need for careful budgeting and expense control.&nbsp; Show Notes:  Connect with AgCredit on Facebook, X and Instagram Share questions and topic ideas with us: Email podcast@agcredit.net &nbsp;

Ep. 56: Insights and Advice from Young Farmers at the 2024 Emerge Experience Conference

In this episode of AgCredit Said It, host Phil Young sits down with Dusty Sonnenberg, AgCredit's board chairman, and Brian Ricker, president and CEO of the association, to discuss the importance of patronage and member education in the agriculture industry. They also talk about AgCredit's Mission Fund, which supports local communities, and the Emerge conference, which provides education and networking opportunities for young and beginning farmers. Then host Matt Adams joins Phil Young at the 2024 Emerge Conference to chat with AgCredit board member Scott Chalfin about his farm operation and the value of attending agricultural events and meetings.&nbsp; Show Notes: Connect with AgCredit on Facebook, X and Instagram Share questions and topic ideas with us: Email podcast@agcredit.net &nbsp;

Ep. 57: How Patronage (and Other Association Benefits) Support Farmers and Rural Communities

In this episode of AgCredit Said It, host Libby Wixtead interviews Jim Chakeres, the executive vice president of the Ohio Poultry Association. Chakeres discusses the challenges facing the poultry industry, including disease pressure, particularly avian influenza. Chakeres touches on the importance of biosecurity measures to protect flocks and prevent the spread of diseases. He also discusses manure management and the industry's efforts to be transparent and educate consumers about poultry farming.&nbsp; Show Notes:  Connect with the Ohio Poultry Association:  Connect with AgCredit on Facebook, X and Instagram Share questions and topic ideas with us: Email podcast@agcredit.net &nbsp;

Ep. 58: Embracing Change in the Ohio Poultry Industry with Jim Chakeres

Host Libby Wixtead interviews Eric Romich, an Ohio State University Extension field specialist for energy development. Romich explains how on-farm solar isn’t the only way to make smarter energy choices and discusses funding and incentive opportunities for on-farm energy efficiency and renewable energy projects.&nbsp; Show Notes:  Resources mentioned in this episode:   Farm Energy Management Resources from Ohio State University Extension -    Connect with Eric Romich - romich.2@osu.edu   Connect with AgCredit on Facebook, X and Instagram Share questions and topic ideas with us: Email podcast@agcredit.net &nbsp;

Ep. 59: Farm Energy Management with Eric Romich

Host Phil Young interviews Stevan Novakovic, a senior economist at Farm Credit of Central Florida. Stevan discusses his background in agriculture and economics, as well as the unique challenges facing the agriculture industry. He highlights three key economic issues facing agriculture and strategies for farmers to navigate these challenges. He also discusses the role of technology and automation in agriculture, as well as positive economic metrics such as low unemployment rates.&nbsp; Show Notes:  Connect with AgCredit on Facebook, X and Instagram Share questions and topic ideas with us: Email podcast@agcredit.net &nbsp;

Ep. 60: Agricultural Economic Outlook with Stevan Novakovic

Host Matt Adams interviews Neil Schuller from The Andersons about grain marketing. Neil discusses the importance of developing a grain marketing plan and offers advice on how to do so. Neil also provides a market outlook for the upcoming growing season, discussing factors such as supply and demand, weather conditions, and global market dynamics.&nbsp; Show Notes:  Resources mentioned in this episode:&nbsp;   The Andersons Grain website - &nbsp;   Freedom Pricing Tools - &nbsp;   Stocks Report (releases June 28, 2024) - &nbsp;   Acerage Report (releases June 28, 2024) - &nbsp;   Connect with AgCredit on Facebook, X and Instagram Share questions and topic ideas with us: Email podcast@agcredit.net &nbsp;

Ep. 59: Farm Energy Management with Eric Romich

Ag Credit

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