Viewing posts from: May 2016

Agribusiness Turns to Agri-Tourism for Growth Opportunities

Posted May 25, 2016 by Administrator

Some farmers and entrepreneurs have turned to a new form of agribusiness in order to become successful. Combining tourism and agribusiness helps to create a sustainable business model while also building stronger communities. This win-win merger, known as agri-tourism, brings healthier products to families, creates thousands of jobs, and injects millions of tourism dollars into farming communities.

In the state of Virginia, local tourism supported by agribusinesses help to create over 1,300 jobs and $25-million-dollar annual payroll in 2014. Tourists also spent over $100 million dollars in Virginia that year, bolstering local communities even further and brought local food, beauty supplies and other products to families in the area.

There are many different types of agri-tourism businesses that have proven to be sustainable for the farmer and the community. These business types include:

  • shutterstock_129868538Breweries
  • Farms that offer educational tours
  • Wineries
  • Bed and Breakfasts with farm tours or wineries
  • Restaurants with a farm to table experience
  • Eco-farming tours and educational programs
  • Charitable events and other community event programs
  • Traditional farmer’s markets with produce and other local products

Many farmers and entrepreneurs combine several of these businesses to create unique programs and are dedicated to helping the community to thrive.

At a time when many farming communities are struggling, local businesses are looking for a way to help improve the standard of living in their area. Agri-tourism and community support programs have proven to be one way that agribusinesses can help their community while also supplementing their income.

Many local tourism boards have begun to create programs that advertise and support agri-tourism. If you are interested in learning more about combining agribusiness and tourism, contact your local tourism board for more information. And if you are looking how to reduce risk for that new business, contact the experts at Cline Wood.

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Rural Communities Receive Agricultural Benefits

Posted May 16, 2016 by Administrator

The USDA announced that the Agriculture and Food Research Initiative Foundational program will be issuing over $15 million in grants to improve sustainability and support agricultural growth.

livestock imageThe goal of the funding is to benefit rural communities with:

  • Economic growth
  • Rural community development
  • Education
  • Research
  • Extension programs
  • Sustainability

The grants will be awarded to many projects, including:

  • Small and Medium-sized Farm Program
  • Agricultural Economics, Markets and Trade
  • Agricultural Environment and Natural Resources
  • Innovations for Rural Entrepreneurs and Communities

These projects are being conducted by Universities throughout the US, as well as non-profits, community groups, foundations, associations and businesses.

The projects will help:

  • Protect the environment
  • Enhance quality of life
  • Alleviate poverty
  • Educate consumers
  • Influence consumer behavior
  • Support local and regional food systems

The funding for these projects will help rural communities and agribusinesses understand how markets perform, reduce their impact on the environment and learn about demographic changes.

The small and medium-sized farms program helps:

  • Improve management strategies
  • Improve competitiveness
  • Improve viability
  • Improve commodity operations

For small and medium farms in several industries:

  • Dairy
  • Livestock
  • Crop
  • Forestry
  • Poultry

To learn more about the latest industry news, trends and innovations, contact the experts at Cline Wood.

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Surprise CMV Inspection Racks up $7,315 in Fines

Posted May 9, 2016 by Administrator

The beautiful red US Truck with chrome

At the end of April, Nebraska State Troopers and Lincoln police conducted a surprise CMV inspection. The inspection resulted in a large number of vehicles to be classified as out of service and generated thousands of dollars in fines. Out of the 104 vehicles that were inspected, here are the results:

  • 384 violations were discovered during the inspection
  • $7,315 in fines were generated during the inspection
  • 43% of vehicles were classified as out of service
  • 48% of vehicles were classified out of service due to number of violations
  • 4  of the drivers didn’t have a valid CDL so their vehicles were classified as out of service

Nebraska officials say they will continue to hold these surprise inspections. Their goal is to find and inspect commercial vehicles that don’t pass through weigh stations so they can be inspected for potential violations.

Maintaining safe vehicles and ensuring your drivers have valid licenses prevents more than just violations and fines. A safe fleet is an important part of your company’s sustainability and reputation.  Keeping up with routine maintenance also helps to decrease your insurance rates. To learn more ways to lower costs and have the right insurance for your commercial fleet, contact the experts at Cline Wood.

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Soy Meal to Boost Soybean Market

Posted May 2, 2016 by Administrator

shutterstock_273948848Some experts believe that soy meal may be the boost the soybean market needs to finally pull away from its below cost-of-production trend. And the US is in position to become the place where the world turns to meet its soy meal needs.

Trouble in South America

Recent issues in Brazil and Argentina have caused experts to lower their soybean production estimates for 2015-2016. Argentina’s inclement weather has cause the worst harvest in a decade. It also fulfilled experts’ calculation that it would take a weather event to drive the price of soybeans up from its record lows.

With Argentina struggling with its poor harvest, the US is next in line to meet global and domestic soy meal needs. US currently has 300 million bushels of soybeans and with demand growing, the price per bushel is expected to rise.

Not all trade experts are convinced that soy meal will be able to save the soybean market. While other experts say that what happens in the soy meal market in May and June will set the tone for how soybean futures will perform.

To help understand the ambiguous future of the soybean market and other important agribusiness news, contact the experts at Cline Wood.

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