Finance-Accounting
The integration of artificial intelligence into financial systems is ushering in a more sophisticated era of tax management — one where software handles the heavy lifting.
AppHarvest has replaced founder and CEO Jonathan Webb with CEA industry veteran Tony Martin in an effort to recover from mounting financial issues, the latest being an eviction notice from Mastronardi Produce.
AppHarvest has surpassed its first quarter target with net sales of $13 million and has shipped commercially for first time from a full four-farm network.
A portion of proceeds from the sale-leaseback will repay a $30 million bridge loan from Mastronardi Produce to AppHarvest, along with the first two years of prepaid rent at the Berea farm, according to a news release.
Recent investor reports and leadership changes have prompted concerns about the rapidly growing vertical farm operator, but the company says it’s ramping up to deliver revenue.
The CEA farm developer has received a $30 million loan to build automated salad mix farm for Mastronardi Produce’s “Queen of Greens” salad mix brand.
The latest round of agricultural credit condition surveys from the Federal Reserve banks shows improved strength in the agricultural economy.
Prepare for new accounting methods for your farm.
This has delivered numerous mind-blowing farmland sales. But will this runup in values continue?
Think about how your farm has grown in size and scope over the past decade. Has your financial reporting followed suit?
Capital and technology provider Silo and the founder of Brady CFO will present ways to balance risk and reward in the current economic climate, as well as provide cash flow management strategies.
The new and improved Upside Dashboard redefines measurement, giving retailers data needed to make decisions regarding industry changes.
For the sixth time in the past seven months, the rural economy has posted signs of weakness. That’s according to the Rural Mainstreet Index (RMI) from Creighton University.
Profitable farmers create financial habits that separate them from others. These habits, consistently applied through the years, add up, and the results are evident.
Orange-juice futures in New York are heading for a 15th straight day of losses, the worst rout in records back to 1967.
As a 21st century farm manager, you’ve invested in high-tech options. But what about your farm office?
Is your operation poised for financial stability?
The concept and calculation of return on investment (ROI) is pretty simple. Yet, it is often poorly defined and poorly understood.
The agribusiness and sustainable food investor has added Organicgirl salad company to its portfolio of investments that include Blazer Wilkinson Gee, Laurel AG & Water, Pacific Trellis Fruit and Royal Ridge Fruits.