Welcome to the AAE 320 Homepage

Farming Systems Management 

Spring 2009

 

           Course Materials

                Syllabus

                Printing Power Point Slides

                Calculus of Optimization Review

 

           Overheads

            Introduction

                    Wisconsin Agriculture       Overheads         Wisconsin Agricultural Statistics 2008

                    Decision Making                Overheads         How Do I Decide What is Right for Me?

                                                                                          Farm and Ranch Strategic Planning

                                                                                          What it Takes to be Great

            Production Economics

                    Single Input Production Economics:           OVERHEADS

                                    Think Break #1 Answer         Think Break #2 Answer

                                    Think Break #3 Answer         Think Break #4 Answer

                    Multiple Input Production Economics:       OVERHEADS

                                    Think Break #5 Answer         Think Break #6 Answer

                                    Think Break #7 Answer

                       Problem Set # 1         Problem Set # 1         Problem Set # 1 key

                    Cost Economics:       OVERHEADS

                                    Think Break #8 Answer         Think Break #9 Answer

                                    Think Break #10 Answer       Think Break #11 Answer

                       Problem Set # 2         Problem Set # 2         Problem Set # 2 key

                    Flat Objective Problem:       OVERHEADS

                    Production Economics Links

                       Cobb-Douglas Production Function Graphics (Peter Fulkey, Economics, U of Washington)

                       Nitrogen $ Rate of Return Calculator (UW Extension)

                       Corn Nitrogen Rate Calculator (North Central Region Agronomy Extension)

                       Guidelines for Managing Corn Seed Costs (Joe Lauer UW Agronomy Extension)

                       Dairy Management Decision Support Systems/Tools (UW Extension)

 

                   EXAM #1:                     Exam #1 Review

                    2008 Exam #1        2008 Exam #1 Key

                    2009 Exam #1        2009 Exam #1 Key

                   Agribusiness Job Market Preparation:       OVERHEADS

 

            Financial Topics

                   Financial Analysis: Balance Sheets           OVERHEADS

                                    Think Break #12 Answer         Think Break #13 Answer

                                   Balance Sheet Materials   Sample Balance Sheet

                                                                             How to Depreciate Property (IRS Pub 946)

                                   Financial Guidelines for Ag Producers:   Text    Appendix

                       Problem Set # 3         Problem Set # 3         Problem Set # 3 key

 

                   Financial Analysis: Income Statements           OVERHEADS

                                  Income Sheet Materials   Sample Income Statement

                                  Managing in Difficult Times and Financial Benchmarks

                       Problem Set # 4         Problem Set # 4         Problem Set # 4 key

                                                                  Spreadsheet for Problem Set 4
 

                   Time Value of Money           OVERHEADS

                                    Think Break #14 Answer         Think Break #15 Answer

                                    Think Break #16 Answer         Think Break #17 Answer

                                    Think Break #18 Answer

                            Weed Resistance Management    Spreadsheet        WI Crop Manager        Journal Paper

 

            Taxes, Business Arrangements, and Farm Transfer (Dr. Phil Harris)

                Federal Tax Overview        2010 Budget Excerpt

        Tax Considerations for Farm Transfer        Reading         Overheads

                Beginning Business Arrangements               Reading         Overheads

                Business Arrangement Alternatives            Reading         Overheads

                Additional Materials

                        2008 Farmer's Tax Guide (IRS Pub 225)

                        Income Tax Management for Farmers in 2008 (G. Patrick, Purdue University)

               Problem Set # 5         Problem Set # 5        Template         Problem Set # 5 key

 

                   EXAM #2:              Exam #2 Review

                    2008 Exam #2        2008 Exam #2 Key

                    2008 Time Value of Money Sample        2008 Time Value of Money Key

 

            Using Budgets for Analysis

                   Enterprise Budgets           OVERHEADS

                        Think Break #19 Answer

                    Machinery Cost Materials

                        UWEX A3510: Estimating Machinery Costs    Text    Spreadsheet

                                Estimating Farm Machinery Costs (IA State Extension)

                                A Fast and Simple Method (Mitchell UWEX)

                                Custom Rates and Machinery Costs (K-State)

                                Wisconsin Custom Rate Guide 2007

                            Crop/Livestock Budgets

                                UW Center for Dairy Profitability: Crop Budgets     Livestock

                                UW Extension Team Forage: Forage Budgets and Decision Aids

                                Iowa State University: Crop Budgets        Livestock

                            Whole Farm Budget Templates    Potatoes        Veggie Compass

                   Partial Budgeting           OVERHEADS

                        Think Break #20 Answer

                        Partial Budgeting Materials

                            Managing in Difficult Times: Budgets and Budgeting-Partial Budgets (UW Extension)

                            Extension Responds: Farming Difficult Times (UW Extension)

                            Partial Budgets to Analyze Farm Changes (U of Maryland)

                            Partial Budgeting for Agricultural Businesses (Penn State)

 

            US Agricultural Policy and Programs

                Commodity Programs        OVERHEADS

                Additional Materials

                    2008 Farm Bill        Full Text        Fact Sheets for Key Titles

                    USDA-FSA Fact Sheets        Direct and Counter-Cyclical Payments        ACRE

                    UWEX Fact Sheets:        ACRE

                    UWEX Farm Bill Fact Sheets Wisconsin Focus

                Crop Insurance and Disaster Programs        OVERHEADS

                Additional Materials

                    UWEX Crop Insurance Fact Sheets

                        Hints for Using Crop Insurance in 2009

                        Overview of Federal Crop Insurance in Wisconsin (2005)

                    UWEX Disaster Programs Fact Sheets

                        New Disaster Programs in the 2008 Farm Bill

                        Disaster Assistance for Uninsured Farmers Affected by Recent Flooding

                    USDA-FSA Fact Sheets:    SURE

 

               QUASI Problem Set # 6         Problem Set # 6        Problem Set # 6 key

                FINAL EXAM        Review         2008 Final Exam    2008 Final Exam Key

 

              final exam: MONDAY may 11, 2009: 12:25  - 2:25 Pm, 150 russell Labs

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