Estimating the Economic Depreciation of Farm Assets

By Jonathan Shepherd | Extension Specialist, Jordan Shockley | Associate Extension Professor, and Robert Ellis | Graduate Student
Published on Jan. 7, 2021

Depreciation can often become an overlooked area for a farming operation. Yet, it plays a major role in both taxes and profitability.  A possible reason could be that when most people hear depreciation, they jump directly to tax depreciation.

Estimates of What it is Going to Cost Me to Destroy my "HOT" Hemp Crop

By Jonathan Shepherd | Extension Specialist and Tyler Mark | Professor
Published on Nov. 25, 2020

We recognize that no one plants a crop with expectations of having to destroy the crop. However, the risk of producing a hemp crop that is non-compliant is a real risk and has a genuine cost associated. As hemp genetics evolve, the risk of destruction will dissipate.

Resources Available to Farmers Struggling with Farm Financial Stress

By Alison Davis | Extension Professor, Greg Halich | Associate Extension Professor, Jerry Pierce | KFBM Program Coordinator, Jonathan Shepherd | Extension Specialist, Jordan Shockley | Associate Extension Professor, Kenny Burdine | Extension Professor, Sarah Bowker | Blueprint Kentucky Managing Director, and Steve Isaacs | Extension Professor
Published on Apr. 1, 2019

Farmers have been facing many financial stress issues related to commodity prices and the overall farm economy.