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What is farm management? Well, just like it sounds, farm management is the management of farms. Management is one of the four pillars of business. That is Land, Labor, Management & Capital. Management provides direction for the optimal use of the other three pillars.
We take pride in the farm management services we provide and invite you to see how we can make farm management work for you.
Professional Farm Management has only been around since the turn of the last century, but in that time, professional farm management has played a vital role in American Agriculture.
During World War I, demand (and prices) for American agricultural products grew, causing American farmers to scramble to produce more crops. Many borrowed heavily to buy land and modern industrial equipment.
In 1920, many European nations imposed tariffs on imported agricultural goods to support their farm industries. Prices dropped resulting in depressed land markets. Farmers were unable to pay back borrowed money. Faced with taking a loss selling land in a depressed market or becoming landlords of foreclosed property, many banks opted for the latter with professional farm management, hoping that land values would return.
The first farm management employees were loan officers who themselves grew up on a farm. They brought their business management skills to farm management at a time when many farmers had too many responsibilities on the family farm to further their education beyond high school.
Professional farm management led the way to bring innovative technology and business practices to farm production. From the management of high yielding hybrid crops, to adopting risk-lowering crop rotations, to use of new fertilizer and herbicide technologies, Professional Farm Management has and continues to make American agriculture the world class industry it is today.
Farm Management Resources
The following farm management links are provided as a service to our viewers. Soy Capital Ag Services Farm Management is not responsible for the content of the websites listed nor does placement represent an endorsement of any views or opinions expressed. Soy Capital Ag Services Farm Management.
The following links are provided as a service to our viewers. Soy Capital Ag Services Farm Management is not responsible for the content of the websites listed nor does placement represent an endorsement of any views or opinions expressed. Any products, management or services offered by companies listed are solely the responsibility of that company and NOT Soy Capital Ag Services Farm Management.
Soy Capital serves individuals, family & investment groups, business firms, and institutions seeking experienced, competent, and high quality services for Midwest U.S. farmland ownership.
We manage more Illinois farmland than any other firm.
Managing, buying or selling, or valuing farms to optimize benefits of farmland as an investment is a specialized and complex business. Owning land has been a basic privilege and a sound investment since America's founding. With the pride and heritage of farm ownership also come responsibilities and duties. The realities of today's global farm economy makes managing farms increasingly complex. Soy Capital Ag Services has for decades successfully helped owners of farmland manage this complexity providing clients with comfort, confidence, and optimum financial returns.
Soy Capital Ag Services manages, brokers, and values Midwest farmland and provides agricultural consultation services, primarily in Illinois and surrounding states. Soy Capital Ag Services has five regional offices located in Bloomington, Decatur, Kankakee, Peoria, and Springfield, Illinois.
Soy Capital Ag Services is a division of Soy Capital Bank & Trust Company, a community bank based in Decatur, Ill., serving central Illinois with banking, trust, and other financial services.