Illinois farm managers meet to help farmers with finances - WSIL-TV 3 Southern Illinois

Illinois farm managers meet to help farmers with finances

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WSIL -- Farming is a way of life, but that doesn't mean it's always easy. Just like any job, finances play a big part, and there are folks who make it their job to make dealing with those finances a little easier.

Every farm operation is different. Some farmers, like Grover Webb of Tanglefoot Ranch in Pope County, do a little bit of everything. Webb gave folks with the Illinois Farm Business Farm Management Association a tour of his farm so they can see his unique operation.

Those folks want to make sure farmers can easily have a healthy bottom line by helping with everything from taxes to farm analysis.

"If you're running a legitimate business and it's a very sophisticated, capital-intense business, you can't just compile it in a shoebox at the end of the year and hope to get your financial records proper," explains Jonathan McQuire of the Illinois FBFM based out of Harrisburg.

Analysis allows farmers to have another set of eyes and another opinion on how to better save money.

"Saving a buck an acre here, a buck an acre there means a lot in the long term because you get to keep that in your pocket," said Cody Stewart, also of the Illinois FBFM. "So just keeping those expenses as low as we can, making good decisions on what we've purchased that can make a huge difference in the long haul."

While some of the farm managers may not be active farmers, they have an appreciation and understanding for the work the men and women of agriculture do everyday.

"Most of us came from farm families, some of us still have spouses, or fathers, or brothers who are still farming, and we want to see them succeed. We want to be a part of that," says Tonya Wiersma, field staffer for Carroll and Whiteside counties.

Farmers can choose to join the not-for profit Farm Business Farm Management Association. To learn more about what they do for farmers or to contact your local field staff, click here.

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