Elon to the rescue!

SpaceX Falcon 9 launches 53 Starlink satellites on February 2nd.

Dear Friend,

Whether you're a fan of Elon Musk or not, you've got to recognize the benefit from two of his companies for American farms (not to mention Ukraine). No, we're not talking about Tesla and Twitter, rather the low-orbit Starlink internet satellites being launched by the amazing, reusable Falcon 9 rockets. FBS/MASA and virtually all of modern agriculture are waiting for a fast, reliable, and economical internet source that reaches rural customers 24x7. Starlink appears to setting the standard and overcoming the limitations and high costs of other internet sources (with the exception of fiber). The downside? If you live east of the Missouri River it looks like you'll be on a wait list.

If you're already on Starlink (or a 5g alternative), please share your experiences with our readers.

Here's what else is new:

Prepare for the next generation at Commodity Classic.
Read our February blog posts on benchmarks, smart strategies, and Growth Path accounting.
Remembering Ev Chambers.
What does "Int. Paid" mean?
SDG

Unlike any other event in agriculture because it’s created by farmers, for farmers.

At Commodity Classic, you’ll get the answers, solutions and information you need to gain greater clarity—and create a vision for your farm’s success for years to come.

Incredible insight through a full slate of educational sessions designed to keep your sights set on efficiency, profitability and continual improvement.
Eye-opening innovation and technology showcased in the huge trade show—where you can see the latest advancements and talk directly with the people behind them.
Visionary thought leaders and innovators in agriculture who will challenge the way you think about your farm.
The spectacular energy of being around thousands of positive, talented farmers who share your passion for agriculture and your thirst for knowledge.

Discover what's new with FBS/MASA software in booth# 2431.

See you in Orlando!

Read Our February Blog Posts

PRODUCTION AGRICULTURE AND BENCHMARKS REVEAL IMPORTANCE OF OVERHEAD

Roman naturalist and philosopher Pliny the Elder once said "The master's eye is the best fertilizer." If expertise and knowledge are truly the best...

READ ARTICLE >>

SMART STRATEGIES FOR FARM MANAGEMENT AND GROWTH

For many of us, the first quarter of the year is planning and preparing time. It’s time for us to review last year’s financial reports, analyze our...

READ ARTICLE >>

GROWTH PATH ACCOUNTING 101- EVERYTHING YOU NEED TO KNOW

Over the past month, we’ve done a pretty comprehensive review of the different pathways on the growth path decision tree. As we prepare to enter...

READ ARTICLE >>

Remembering Ev Chambers

We've met many brilliant and visionary people along the way. It's been a privilege to partner with one of the best: Everett Chambers, PhD., who died February 21st. FarmSmart readers may recognize Ev as co-founder of AgCompass and partner in the Mutual Agricultural Software Alliance, but his service to agriculture and his country go back much further. Read his obituary here.

Our sympathies go out to Joanne, Nick, Tony, and the rest of the family.

Q&A: A/P Report Heading Explanation

Q. Why does the A/P Report "Invoices With Payments (Option 7) show interest paid when we didn't pay any interest or record interest for that vendor in FBS?

Sarah Dixon, FBS Support Coordinator
sarah@fbssystems.com (800.437.7638/extension 100).

A. The column Int. Paid is not interest paid, it is Internal paid, which shows you what amount has been applied as payment towards the invoice. Conversely, Int. Due displays the internal amount due for that invoice (less partial payments).