Map of Hot Springs (AR)
Hot Springs Agriculture Accounting Services
- Agreed Upon Procedures
- AgriBuilder (proprietary integrated accounting and farm management solution)
- Budgeting & Forecasting
- Business Tax Planning & Compliance
- Business Transformation
- Cash Flow Management
- Financial Statement Audits
- Outsourced Accounting
- Succession Planning
- Tax Planning & Compliance for Farm Owners
- Wealth Planning
Arkansas Agriculture Overview
Arkansas’s rich soil and climate diversity allow for the cultivation of a wide variety of crops and livestock, including:
- Rice – Known as the “Rice Capital of the United States,” Arkansas is a leading producer of rice, with different varieties cultivated throughout the state.
- Soybeans – Soybeans are a major cash crop in Arkansas, used for various purposes, including animal feed, cooking oil and biofuels.
- Cotton – Cotton has a long history in Arkansas and is a significant contributor to the state’s agricultural output.
- Corn – It is a versatile crop in Arkansas, utilized for livestock feed, food products and ethanol production.
- Wheat – Wheat farming is prevalent in certain regions, contributing to the state’s grain production.
- Fruits and Vegetables – Arkansas produces a range of fruits and vegetables, including apples, strawberries, tomatoes and sweet potatoes.
- Forestry and Logging – Known as “The Natural State,” Arkansas has one of the most forestry and timber dependent economies in the country.
In addition to crop farming, livestock plays a crucial role in Arkansas agriculture. The state is known for:
- Poultry Production – Arkansas is a major hub for broiler chicken production, ranking high in the nation’s poultry industry.
- Cattle Ranching – Beef cattle are raised in various regions, contributing to both the state’s economy and the beef supply chain.
- Swine Production – Swine farming is another significant component of Arkansas’s livestock industry.
- Aquaculture – Arkansas leads the nation in bait fish and ranks third in the nation for catfish production.