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

Illinois farm managers meet to help farmers with finances

Posted: Updated:

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.

  • More NewsMore>>

  • Communities host Thanksgiving meals that bring people together

    Communities host Thanksgiving meals that bring people together

    Thursday, November 23 2017 10:44 PM EST2017-11-24 03:44:38 GMT

    SALINE COUNTY -- With several churches and businesses opening their doors to the community to make sure everyone had a good Thanksgiving dinner, News 3's Andrew Feather swung by a couple to grab a bite and make some new friends, because that's what Thanksgiving is all about.

    SALINE COUNTY -- With several churches and businesses opening their doors to the community to make sure everyone had a good Thanksgiving dinner, News 3's Andrew Feather swung by a couple to grab a bite and make some new friends, because that's what Thanksgiving is all about.

  • Community tradition continues in Herrin

    Community tradition continues in Herrin

    Thursday, November 23 2017 6:53 PM EST2017-11-23 23:53:10 GMT

    WSIL -- For the last 14 years, attorney Bart Mann gave much of his time to organizing Herrin's community Thanksgiving dinner. 

    WSIL -- For the last 14 years, attorney Bart Mann gave much of his time to organizing Herrin's community Thanksgiving dinner. 

  • 1 injured in Herrin crash

    1 injured in Herrin crash

    Thursday, November 23 2017 5:15 PM EST2017-11-23 22:15:36 GMT

    WILLIAMSON CO. -- A crash in Herrin Thursday afternoon sent one woman to the hospital.

    WILLIAMSON CO. -- A crash in Herrin Thursday afternoon sent one woman to the hospital.

Most Popular

Stories
Videos
Slideshows
loading...
Powered by Frankly
All content © Copyright 2000 - 2017 WSIL. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.