Association Assesses Balances of Power in Wake of State Elections

For over a decade, our Association has monitored state legislation that had the potential of affecting our members, and when needed, we have worked for changes on members’ behalf.

That process begins for us each fall as bills are pre-filed for the upcoming session, but the period following elections requires additional effort as we look for changes in the make-up of the various state legislative and executive bodies.

While we never take partisan positions, it is important to note when parties in control change. In this issue of Shortliner, we take a first look at the November 8 results.

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Seek Advice When Facing a Fork in the Road

All agricultural businesses will periodically face forks in the road whereupon decisions, both strategic and financial, must be made concerning the future of the business. The causes are numerous and include an older generation of management/ownership planning for succession, new partners and/or managers entering the business, younger family members not wanting to exit the business, presentation to the ownership of a significant opportunity for the business, and/or a long-term downturn impacting the business negatively and challenging the balance sheet.

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U.S. Manufacturing Expands in September

U.S. manufacturing expanded at a modest pace in September after unexpectedly shrinking a month earlier, underscoring limited progress for the sector.

The Institute for Supply Management’s (ISM) index advanced to 51.5 from August’s 49.4 reading, which marked the first contraction in six months. Any reading above 50 signals growth.

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