Spring 2012
Course Materials
Farm Terminology Links
Agriculture Glossary (New Mexico State University)
Farm Machinery (Wikipedia, so use with care)
Overheads
Introduction
Wisconsin Agriculture Overheads Wisconsin Agricultural Statistics 2011
Economic Impacts of Agriculture in Wisconsin Counties
Economic Impact of Specialty Crop Production and Processing in Wisconsin
Status of Wisconsin Agriculture
Decision Making Overheads What it Takes to be Great
Farm and Ranch Strategic Planning
Production Economics
Single Input Production Economics: OVERHEADS Calculus of Optimization Review
Think Break #1 Answer Think Break #2 Answer
Think Break #3 Answer Think Break #4 Answer
Problem Set # 1 Problem Set # 1 Problem Set # 1 key
Production Economics Tools: OVERHEADS
Guidelines for Managing Corn Seed Costs (2006) (Joe Lauer UW Agronomy)
Getting a Handle on Corn Seed Costs (2009) (Joe Lauer UW Agronomy)
Nitrogen $ Rate of Return Calculator (UW Extension)
Corn N Rate Calculator App (UW NPM Program information only)
Corn Nitrogen Rate Calculator (North Central Region Agronomy Extension)
Dairy Management Decision Support Systems/Tools (Victor Cabrera UW Dairy Science)
Multiple Input Production Economics: OVERHEADS
Think Break #5 Answer Think Break #6 Answer
Think Break #7 Answer
Not Updated Below This Point
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
EXAM #1: Exam #1 Review 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 #1 Sample Balance Sheet #2
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
Calculating Various Farm Income Measures
Problem Set # 4 Problem Set # 4 Problem Set 4 Spreadsheet Problem Set # 4 key
US Agricultural Policy and Programs
Commodity Programs OVERHEADS
Additional Materials
2008 Farm Bill: Full Text Fact Sheets for Key Titles
Direct and Counter-Cyclical Payments (DCP) Program: FSA Fact Sheet DCP Payment Rates
Marketing Assistance Loans and Loan Deficiency Payments: FSA Fact Sheet Understanding MAL/LDP
Average Crop Revenue Election (ACRE) Program:
FSA Fact Sheet FSA ACRE Backgrounder UWEX ACRE Overview UWEX Thinking About ACRE
Downloaded from FSA DCP/ACRE Web Page (4/20/2010): FSA ACRE Calculator FSA ACRE Calculator Instructions
Dairy Information
Milk Income Loss Contract (MILC) Program: FSA MILC Fact Sheet UWEX MILC Page
Basic Milk Pricing Concepts for Farmers (Cropp and Jesse)
UWEX Dairy Marketing and Policy: Main Page
Crop Insurance and Disaster Programs OVERHEADS
Additional Materials
UWEX Crop Insurance Fact Sheets
Hints for Using Crop Insurance in 2011
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 Disaster Assistance Page SURE Fact Sheet NAP Fact Sheet
Problem Set # 5 Problem Set #5 Problem Set # 5 key
EXAM #2: Exam #2 Review Exam #2 Key (2011)
2010 Exam #2/Final 2010 Exam #2/Final Key
Taxes, Business Arrangements, and Farm Transfer (Phil Harris)
Tax Considerations for Farm Transfer Reading Overheads
Beginning Business Arrangements Reading Overheads
Business Arrangement Alternatives Reading Overheads
Additional Materials
2010 Farmer's Tax Guide (IRS Pub 225)
Income Tax Management for Farmers in 2010 (G. Patrick, Purdue University)
Problem Set # 6 Problem Set # 6 PROBLEM SET 6 TEMPLATE
Problem Set # 6 key KEY Spreadsheet
EXAM #2 Harris Material: Exam #2 (2010) Harris Material and Key NEW
Special Topics
Sustainability Overheads
Readings: Why Sustainability is Now the Key Driver of Innovation (Harvard Business Review 2009)
Agricultural Sustainability and Intensive Production Practices (Nature 2002 418:671-677)
Tools: The Cool Farm Tool (Unilever)
The Fieldprint Calculator (Field to Market/Keystone Alliance)
Corporate Sustainability Examples: Walmart Sysco Del Monte Pepsi Frito Lay Kettle
Links: Green Cheese LCA (UW Extension)
2010 Consumer Perceptions of Food Technology Survey (International Food Information Council)
Sustainability Trends and New Shopper Insights (Deloitte/GMA 2009)
Trends in Food Trends (PotatoPro Newsletter 2011)
Sustainable Cranberry Production (UW Extension)
Healthy Grown Potatoes (Wisconsin Potato and Vegetable Grower Association)
Green Cheese Page (UW Extension)
Technological Change Overheads
FINAL EXAM Review
2010 Final Exam 2010 Final Exam Key
2009 Final Exam 2009 Final Exam Key
2008 Final Exam 2008 Final Exam Key
Final Exam: Wednesday, May X 12:25-2:25 xxxxxxxxxx
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Previous Material Not Covered
Part of Farm Finance
Time Value of Money OVERHEADS
Think Break #14 Answer Think Break #15 Answer
Think Break #16 Answer Think Break #17 Answer
Weed Resistance Management
Spreadsheet
WI Crop Manager
Journal
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)
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