 |
|
|
|
Home :
Educational Programs : Business Programs : Farm management
Farm management
Serving our region's primary business
The LRSC Farm Management program serves about 110 farm families from 10 counties in north central and northeastern North Dakota.
The average farm enrolled in the program had gross cash sales of about $350,000 and farmed approximately 2,300 acres.
Participants may receive individual and group instruction, updates on marketing of crops and livestock, join marketing clubs, and attend specialized classes and workshops
|
Can you make the following statements about your farm operation?
- My financial information is completed in a timely matter
- I know my cost of production per bushel or cwt. on every major enterprise in my farm business and know how much each enterprise contributes to the total
- When my lenders needs to see a balance sheet, it is completed and ready to go
- My farm compares favorably to others in similar circumstances
- I know how the return from my investment in the farm business compares with returns from nonfarm investments
- I can easily chart the financial progress or decline in my farm business
- I have the information needed to evaluate profitable changes in my farm business
If you can't but would like to make these statements, contact Lake Region State College's farm business management program.
|
Educational options
- Business and family records
- Cash flow planning
- Beginning and ending balance sheets-FinPack
- FINAN-Whole Farm Analysis
- FINAN-Crop and Livestock Enterprise
- Comparisons with benchmark and similar farm data
|
Additional Related Information
Links
ND Farm Management
View state production reports and the latest news in agriculture today.
National Farm and Ranch Business Management Educational Association
The NFRBMEA brings the best ideas and techniques in farm and ranch business management education to its members.
|
|
|
|
