As the Midwest agriculture sector faces another year of low profits, farmers need to take a closer look at their farm balance sheet, which is a snapshot of their financial condition on a specific day.

As we head into 2025, many farm operations are coming off a relatively poor profit year in 2024. Some farmers had very small profit levels last year, while others had extremely poor results in 2024.

Farm sector equity, the difference between farm sector total assets and total debt, is forecast to rise to $3.83 trillion in 2025, a 4.7-percent increase relative to 2024 in nominal dollars. The farm ...

Via a special arrangement with Informa Economics, Inc. NOTE: This column is copyrighted material, therefore reproduction or retransmission is prohibited under U.S. copyright laws. Farm assets, equity ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. As the name implies, a balance sheet should reveal ...

A balance sheet is a type of financial statement that lists a company's assets, liabilities, and shareholders' equity. The assets should be in "balance" and equal the total liabilities and ...

When you want to know a company’s financial health, it helps to look at its balance sheet. But if you’ve never seen a balance sheet before or don’t know how to read one, all you’ll see is a collection ...