Farm Financial Management – Little Rock (AR)

Little Rock and Arkansas farmers and agribusinesses face changing variables impacting the bottom line. Uncovering the best use of available acreage can be complicated by changing weather conditions, international competition, supply chain concerns, and changing market prices. Traditionally, many have relied on experience and intuition to make these decisions but increasing complexities have left some searching for a more analytical solution. The ability to run what-if scenarios using real-time data can lead to more profitable decisions. It also means leaving less to chance.

That’s why a farm financial management technology solution is an essential tool needed to drive growth. It makes it easier for Little Rock and Arkansas farmers of all sizes to profit more from their land than ever. Platforms like AgriBuilder bring new perspectives to the planning process through comprehensive budgeting, cash flow management, and timely financial reporting. Armed with this information, management will not only have a clear picture of monthly financial performance but also be able to conduct effective tax planning. Through a combination of financial intelligence, planning tools, and guidance from seasoned agriculture financial consultants, farmers reach a more consistent and profitable outcome.

AgriBuilder – Farm Financial Management Solution

Map of Little Rock (AR)

Little Rock Farm Financial Management

Adams Brown, Strategic Allies, and CPAs work with ranchers, farmers, and other agribusinesses in Little Rock and across Arkansas to enhance profitability. Through the implementation of AgriBuilder, many farmers and ranchers now have improved financial management processes leading to more profitable outcomes. They also have more effective and informed financial management processes that create peace of mind knowing they have access to accurate information – faster – to drive better decision-making.

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.

Source: Arkansas House of Representatives