Latest News From Finance-Accounting

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.

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.

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.

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.

As a 21st century farm manager, you’ve invested in high-tech options. But what about your farm office?

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.

Profitable farmers create financial habits that separate them from others. These habits, consistently applied through the years, add up, and the results are evident.

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.

Think about how your farm has grown in size and scope over the past decade. Has your financial reporting followed suit? 

Prepare for new accounting methods for your farm.

This has delivered numerous mind-blowing farmland sales. But will this runup in values continue?

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 latest round of agricultural credit condition surveys from the Federal Reserve banks shows improved strength in the agricultural economy.

Wisconsin led the nation with 57 Chapter 12 filings in 2019.

Through the end of January, votes are being accepted for $85,000 in grants.

Orange-juice futures in New York are heading for a 15th straight day of losses, the worst rout in records back to 1967.

At the World Agri-Tech Innovation Summit, one of eight finalists will win $250,000 in equity investment after a pitch competition.

Indoor vertical grower AeroFarms has secured $40 million in Series D financing, pulling in investors from Dubai, London, New York, Beijing and The Netherlands.