The mission of the F.A.R.M. Team’s Financial Management & Strategic Planning Workgroup is to improve the farm financial and decision-making skills of Wisconsin agribusiness and farm managers, agricultural lenders and UW-Extension Agents.
Resources
Papers
Financial Benchmarking
Cost of Production
WI Dairy Data Fact Sheets
Financial Benchmarking
Understanding your own financial profile is important for the success of your farm operation. Benchmarking helps you assess your farm operation and determine its strengths, weaknesses and areas where improvement is possible.
Decision-Making Tools
The Center for Dairy Profitability and affiliates have developed a number of tools to help improve production efficiency and profitability.
Record Keeping Software
Agricultural Accounting and Information Management System (AAIMS)
Integrated financial records system that enables farmers to organize and quickly analyze their financial records. Allows for the concurrent storage of physical information associated with the financial data.
Agricultural Budget Calculation Software (ABCS)
Farm management tool for the distribution, editing, printing, and creation of single and whole farm crop and livestock enterprise budgets and data sets. Is an interactive menu-driven stand alone computer program for use by extension personnel, researchers, farm managers, students and teachers. Windows95.
Curricula
Building a Vision - Financial Management and Analysis
This curricula provides agricultural producers with a working knowledge of finance and strategic planning to help improve their ability to reach desired personal and business goals. Producers will increase their understanding of profitability, cash flow, and other financial measures used in the industry. There is ample discussion on how financial issues influence the decision making process in their business.
Training
For more information on any of the training sessions, please refer to the "Upcoming Events" Calendar.
Financial Management Professional Development
Module 1: Understanding Financial Statements
8:00-5:00
December 7, 2007: Wisconsin Rapids, WI
CONTACT: Jenny Vanderlin, jmvander@wisc.edu, 608.263.7795
Quickbooks Training for the Beginner
10:00 – 3:00
January 22, 2008: UW-River Falls
January 24, 2008: MATC-Reedsburg
CONTACT: Jenny Vanderlin, jmvander@wisc.edu, 608.263.7795
AgFA Benchmarking Tool
9:00 – 12:00
January 10, 2008: UW-Stout
January 17, 2008: UW-Green Bay
January 31, 2008: MATC-Reedsburg
CONTACT: Jenny Vanderlin, jmvander@wisc.edu, 608.263.7795
