Struggling to price your products at the farmers market? It’s a balancing act between attracting customers and ensuring profitability. From calculating your costs to understanding market trends and perceived value, this post breaks down key steps to help you set the perfect price. Ready to optimize your pricing strategy? Read on for tips that will boost your sales and sustain your business!
With the uncertainty of USDA contracts and funding while federal programs are being reviewed by the new administration and some programs being canceled, it is important for producers and organizations to understand their rights and key timelines. Farm Commons has recently published a resource aimed at helping producers navigate this situation. Key points from this resource are summarized in this post.
Starting or growing a business is an exciting journey filled with opportunities and challenges. Whether you’re launching a startup, expanding an existing operation, or simply rethinking your strategies, it’s always helpful to have a well-thought-out business plan. This document isn’t just a formality—it’s a foundational step that can turn your vision into reality while ensuring you stay on track to achieve your goals.
The USDA’s Value-Added Producer Grant (VAPG) program is a cornerstone for farmers, ranchers, and agricultural producers who wish to diversify their operations and expand their value-added products. For the current 2025 cycle and future cycles, there are some significant changes that you need to know if you’re interested in applying.
The off season is a great time to take a look at your business’s financials! One of the pieces of advice we often tell agribusinesses is to “own your numbers”. As a business, you should understand your income and expenses, and know where the numbers on your financial statements came from. Check out this post to understand what financial statements KCARD can help with and why financial projections are important for your business.
We’re often asked by farmers and agribusinesses how to apply for federal grant programs, such as the USDA Value-Added Producer Grant (due on May 16). While these grant programs can be a good option for growing agribusinesses to obtain capital, it’s important to understand how much work goes into receiving a grant, even beyond the application itself. Often, applying for federal grants requires 40 to 80 hours of work. Check out these four tips to help prepare you for applying for a federal grant program.
Cherry Farms, located in the small community of Fountain Run, KY, has been the home and workplace of three generations of the Cherry family – but that doesn’t mean the farm has looked the same for all of these years. The farm started as a small dairy, beef cattle and tobacco operation, but owners Mark and Tonya Cherry shifted the focus to USDA-inspected beef and pork as a result of the COVID-19 pandemic.
At KCARD, we understand how intimidating starting a business plan for the first time can be. Whether you’re starting a new business or creating/updating a plan for an existing business, there can be a lot of questions about the process of writing a business plan. While we do believe all information in the business plan is useful, there are three elements that we often encourage businesses to research further and expand upon.
Through the Kentucky AgVets program, we are working with key organizations throughout Kentucky to provide educational opportunities, hands-on training and access to funding resources. Hands-on training experiences can take two different forms; check out this post to learn which program is right for you!
KCARD is partnering with the University of Tennessee Extension’s Center for Profitable Agriculture to provide existing value-added dairy businesses with an in-depth analysis of their operation. This analysis consists of a comprehensive on-site evaluation by experienced and trained business consultants. The application deadline to be considered for the program is February 28th.
The beginning of a new year is often spent reflecting on the past year and planning for what is to come. We often make New Year’s resolutions to form new habits focused on our health and wellness; here are six habits that focus on improving the health and wellness of your business.
As a cooperative development center, KCARD publishes blog posts about cooperative development, including when a cooperative makes sense, how it compares to other business structures, and more! If you want to learn more about co-ops or are interested in developing a co-op, this blog series is a great place to start.
The Kentucky Center for Agriculture and Rural Development (KCARD) board has announced Brent Lackey has been appointed KCARD's new executive director, effective November 1.
In addition to the Census of Agriculture, USDA conducts topical surveys that cover specific sectors in agriculture such as Local Food Marketing Practices. We dove into the 2020 Local Food Marketing Practices survey results that were released in April 2022, and we resurfaced with a trove of information that highlights the current status of local food nationally and within the state.
The Kentucky Center for Agriculture and Rural Development is a non-profit organization established to facilitate agricultural and rural businesses in Kentucky. We are supported primarily through grants provided by the USDA Rural Cooperative Development Program and the Kentucky Agricultural Development Board. Additional support is provided through our work with partners around the state and through fees charged for select client services.
