Michael Gunderson

Session 2 | Illinois Farm Economics Summit 2025 Management strategies for farms under financial stress, with Brad Zwilling. Cash flow. Land access. Diversification. Decision-making that holds up under pressure. Dec. 15–17 across Illinois. Register: farmdoc.illinois.edu/ifes

Awesome morning run with Larry Gies and a group of passionate Illini! It’s going to be a great day for the 🔶🔷! Let’s get this W! #RunClub #GiesMemorialStadium #famILLy

.@farmcredit leaders focused on Investing in Rural America Act. Story and interviews with @CompeerFinance’s Jase Wagner & @farmcreditIL’s Kelly Hunt at @brownfield. #AgNews #ILAgNews #RuralHealth brownfieldagnews.com/news/farm-cred…

Go and grab some custard at Culvers today! $1 donation gets you a scoop of custard🍦 #FFA

Tax season complete for 2024. A crop season is a year long process from planning, preparation, planting, care, and harvest. FBFM members also benefit from year round services for optimal business planning and success!!

I've always pronounced it pot-ash. Is it actually PO-tash?

@BenBrownMU Might respondents have limited their frame of reference to Missouri farmers *who borrow*? I would have been guilty of that if I had been sitting in the audience.

I asked a group of Missouri Ag Lenders this solvency question today and their response surprised me a little. I would have guessed liquidity issues this high (probably much higher) but the solvency response was higher than I anticipated. Thoughts?

@heinzhope35 Those aren't fans

I need to mute a lot of Illini fans.

@thelenkaitis Legend.

@DocGundy yes I’ll take one, thank you!

Retweet if you’re braggin’

Happy #FirstDayofFall, y'all! 🍂 As the leaves change and the air turns crisp, hardworking farmers are kicking off the harvest season.

Disappointed that they didn't give the coaches of these two Land Grant Universities a three legged stool.

Happy St. Patrick’s Day! 🍀 Thanks to the hardworking farmers and ranchers across the country who make it possible to celebrate this festive holiday!

@ScottIrwinUI Say you are a 1,000 acre farm averaging 250 bpa. Last year your inventory could have been ~$1.6 million in the bin ($6.54/bu). This year at $4.75/bu the same inventory is $1.2 million and if nothing else changed, the CR went from 3 to 2.18. We can put our wager with Zwilling.

@DocGundy Drop to 2.7 or 2.8

1. Recommended Reading for the Day: For those of you who may be worried about another farm financial crisis brewing, here is your antidote: "Liquidity Trends for Illinois Farms: A Regional Comparison of Current Ratios from 2003-2022" by my farmdoc colleagues @GeraldMashange and Brad Zwilling. farmdocdaily.illinois.edu/2024/03/liquid…

@ScottIrwinUI I'd be willing to take the other side of that bet depending on your definition of "small"

2. Here is the money chart in the article. Literally. Orange line in top chart is the current ratio for all Illinois farms in the FBFM accounting system (best in the nation!). Basically shows that at the end of 2022 that Illinois farms had three times as much cash on hand as current liabilities. We don't have 2023 data yet. Might be some erosion in current ratio for 2023 but my bet is that it will be small, if it declines at all.

@RenMacLLC The wheat in Wheaties and the corn in Corn Flakes are a small fraction of the cost of your box of cereal. Economic research suggests you shouldn't be optimistic that softer commodity prices result in slower food inflation: kansascityfed.org/research/econo…

Food at home prices rose in January, climbing 0.4%, the fastest month since January 2023. That said, agricultural commodity prices are down notably over the last six months, which ought to bleed into grocery store bills with a lag.

There is a widening gap between "rent of primary residence" and "owners' equivalent rents." OER reflects the owned stock of homes and might be less sensitive to multi-family housing, as a result. At any rate, the gap between the two is unusual.

This you, @CoryRitter?

Great educational opportunity including FBFM data from Brad Zwilling

@chief321 @AgMarket_Net What if you spend for a blue check mark? 😁

@chief321 @AgMarket_Net Matthew - give a guy a "just here for the results" option