A.M.E.S. Agricultu ral Managemen t e- school An ISU Extension Outreach Annie’s Project -- Annie’s Project -- AMES AMES Annie’s Project Students receive access to one AMES course in addition to the Annie’s Forum Tim Eggers Julie O’Hara Ann Holste William Edwards
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A.M.E.S. Agricultural Management e-school An ISU Extension Outreach Institute Annie’s Project -- AMES Annie’s Project Students receive access to one AMES.
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A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
Annie’s Project -- AMESAnnie’s Project -- AMES
Annie’s Project Students receive access to one AMES course in addition to the Annie’s Forum
Tim Eggers Julie O’Hara Ann Holste William Edwards
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
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<strong>Developing Your Own Cash Flow Budget</strong><br><p>Now it is your turn to develop a farm cash flow budget. If you are a farm operator, you will benefit most from developing a budget for your own farming enterprise. Most cash flow budgets are developed at the beginning of the year, but a new budget can be developed at any point in time.
<p>If you already have a recent budget for your farm, review it carefully to see if it is consistent with the suggestions in this module. If not, how does it differ? Are the differences plausible? There may be more than one acceptable format to show cash inflows and outflows. Your lender may have a preference about how some things are shown. Perhaps the most important rule is to be consistent in how you prepare your budgets from year to year, so that comparisons over time are meaningful.
<p>If you do not have access to information about an actual farming operation, you can practice your skills using an example operation called the Mayer Farm. <a href="DLMExer.pdf">Doug and Louise Mayer Exercise</a> You can use the <a href="MayerExample.xls">cash flow budget spreadsheet</a> from ISU Extension, or any other budgeting forms or programs to complete this exercise.
– Under Development• Strategic Management• Human Resource Management • Identity Preservation
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
Marketing Plan
Marketing Plan Framework Weather and Agronomic
Consideration When Should I Market My Grain? Financial Risk Cash Marketing Tools Crop Insurance Alternatives Hedging with Futures Risk Analysis Tools Options Market Tools Use of Outlook Information
Advanced Grain Marketing
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
Financial Plan• Introduction to Financial Decision Making• Developing Financial Statements • Analyzing Financial Statements • Relating Financial Analysis to Production
Records • Financial Trouble Shooting • Three Case Studies • 12 Steps to Cash Flow Budgeting • Cash Management • Financing Capital Assets • Presentation of a Financial Plan
Agricultural Management e-schoolAn ISU Extension Outreach Institute
Land Leasing Confidence
• Introduction to Farm Leases• Cash Rent Leases • Crop Share Leases• Custom Farming• Renting Buildings • Renting Hay and Pasture Land • Legal and Tax Considerations • Conservation and Environmental Considerations• USDA Agencies and Programs• Owner and Operator Relations
Farm Lease Arrangements
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
Cost Control Strategies
• Estimating Farm Machinery Costs • Leasing Farm Equipment • Custom Hiring • Selection and Sizing of Farm Machinery • Replacement Decisions for Machinery • Fuel Use and Costs • Transportation Costs • Joint Ownership and Machinery
Cooperatives • Transferring Ownership of Farm Machinery
Machinery Management
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
Purchase Plan
• Land Value Trends • Using Soils Information • Appraisal Techniques • Financing Considerations • Feasibility of a Land Purchase
Farmland Ownership
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute
A.M.E.S.
Agricultural Management e-schoolAn ISU Extension Outreach Institute