Short Course / Agricultural and Applied Economics 320
Fall 2007
Class materials
Decision - Paper on decision-making
Financial Analysis Materials
Financial Guidelines For Agricultural Producers - Recommendations of Farm Financial Standards Council
Appendix for Financial Guidelines For Agricultural Producers - Example Financial Statements, Etc.
Financial Analysis Guidelines -- Outline detailing financial ratios and other financial measures
Enterprise Budget Materials
Dairy Budget Documents - A paper containing a discussion of free-stall / parlor dairy systems along with various budgets detailing the
potential returns and costs from dairy
Hog, Cattle, and Crop Enterprise Budget Data -- Tables containing enterprise budget data for hog, cattle , and crop enterprises
from Illinois Farm Business Farm Management Records
Class notes weeks of Mar 31 & Apr 7 on dairy culling, etc. Part 1 and Part 2
Business Arrangements and Lease Information
Business Arrangements - Paper entitled, Business Arrangements for Dairy Operations: The Pros and Cons of Various Alternatives, that
discuss various farm business options.
Financial Leasing - Paper entitled, "Leasing as an Option for Acquiring Assets." University of Wisconsin Center for Dairy Profitability
Financial Leasing Spreadsheet ( Excel ) - LEASEVBUY.XLS: A spreadsheet that provides a person cost information needed to determine
whether it is less or more costly to lease an asset.
Pricing Agricultural Commodities
Futures and Options - On-line materials explaining commodity futures contracts and options
Grain Contracts - Paper from Iowa State University
Marketing Attitude - Paper from Purdue
Marketing Plan - Paper from Purdue
Options - Paper from Purdue
Labor Management Materials
Hiring Labor - Hiring Dairy Personnel: Making the Process Easier (A paper describing the process for hiring labor)
Managing Labor - Managing Dairy Labor (A paper describing the steps to managing labor)
Coaching - Creating Partnerships for a Competitive Edge
Positive Feedback - The Power of Positive Feedback
Feedback - Feedback is Critical to Improving Perormance
Credit Materials
Credit Guidelines for Farmers - Papers by Ellinger and Barry