As you get closer to transitioning your farm to the next generation, have you ever thought about what the last tax bill for your farm might look like? If you've taken advantage of tax deferments, that number might surprise you.

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions, talks about how proactive tax planning is part of the legacy of your farm. Read it HERE.

Renting farmland is probably your largest expense. Cash rents are historically high, but how long will the upward trend continue? Most farmers haven't needed to negotiate cash rent downward, but what will happen if we need to?

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions, writes about how to build strong relationships with your landlords. That helps create a strong foundation for negotiating with them in the future. Read it HERE.

A lot of times farmers have a hard time selling grain because of the emotion surrounding the process.  The same thing can happen with other assets on the farm when we are not focusing on the business' bottom line.  Darren Frye, President and CEO of Water Street Solutions talks about that with Dewey Nelson from KRVN.   Don't Fall in Love with Your Farm's Assets Frye AUDIO

For the text of the interview, click here: Don't Fall in Love with Your Farm's Assets

What sets apart the most financially successful farmers from the rest? Darren Frye, President and CEO of Water Street Solutions, talked with an ag banker about this topic - and the banker's answer may surprise you.

Darren writes on this in his weekly Finance First post on FarmFutures.com. Find out how you can use financial information to get an objective view of the assets on your farm. Read it HERE.

Once you finally get in the field, you'll be going hard - but you should have some thinking time in the cab.  David Dam, Director of Training at Water Street Solutions gives you something to think about.  He talks about it here with Dewey Nelson from KRVN.  Harness the Power of Your Tractor Time and Your Business Gauges  Dam AUDIO

For the text of the interview, click here: Harness the Power of Your Tractor Time and Your Business Gauges

Yes, the weather is already stressing us out this spring, isn't it?  So once we can GO, Katie bar the door!  Wait!  Are we forgetting something?  When it gets busy, it's easy to forget important pieces of our business.  As Water Street Solutions President and CEO Darren Frye tells Dewey Nelson from KRVN, it's easy to lose track of things, but the best farm business managers keep tabs on the important elements of the business, even when it's busy-ness.  Stay in Touch with Your Farm Strategy During Busy Planting Season - Frye AUDIO

For the text of the interview, click here: Stay in Touch with Your Farm Strategy

On spring fieldwork days, there's a lot going on at the farm. Do you find it tough to keep in touch with other parts of your business in this busy season? What about the commodity markets, farm finances, and your employees?

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions, talks about why it's important to stay in touch with these parts of your farm strategy and how it can affect your farm if you disengage from parts of it. Read it HERE.

Have you thought about what the changes in land prices and landlord situations could mean to the future of your farm?  You should - as a part of your strategic planning.  Darren Frye, President and CEO of Water Street Solutions addresses this in AgriNews.  Read it HERE.

Cash rents, along with farmland prices, are going up. That makes some decisions a little tougher for you. Ryan Huffstutler is an Ag Finance Specialist with Water Street Solutions, and he talks about this situation with Dewey Nelson from KRVN.  Knowing Your Numbers When Making Cash Rent Decisions Huffstutler AUDIO

For the text of the interview, click here: Know Your Numbers When Making Cash Rent Decisions

The competition for farmland is fierce, as seen by the ever-increasing prices for farmland and cash rents.  David Dam, a director at Water Street Solutions continues his conversation about the transitioning mode of farm ownership with Dewey Nelson from KRVN.   Land Transitions Dam AUDIO

For the text of the interview, click here: Strategies for Keeping Your Rented Farm Ground