Minnesota Agricultural Production and Rural Infrastructure
|
|
- Sherilyn Rice
- 7 years ago
- Views:
Transcription
1 Minnesota Trends in Agricultural Production and Infrastructure Highlights - In many states the percentage of the state population designated by the U.S. Census Bureau as living in rural areas has declined, but in contrast in Minnesota, the absolute number of residents in rural areas has increased in recent decades. - Minnesota s production of crops has nearly quadrupled since 194, increasing from 47 million bushels in 194 to 1,551 million bushels in While the value of agricultural production in Minnesota increased by 1,22% from 195 to 27, the number of farms decreased by 56%. Did you know? - In Minnesota in 27, there were an average of 232 soybean acres per soybean farm, while for the U.S. the average soybean area per soybean farm was 229 acres. Production Consumed on Farm Rural Population Trends - Home consumption of a farm's production has changed dramatically. In 195, the value of farm production consumed at home in Minnesota was 4.66%. - In contrast, in 21 just.11% of the value of production in Minnesota was consumed at home. This shift amounts to an even greater reliance by agricultural producers on rural infrastructure to transport farm products. - In 193 there were 1,36,337 people living in Minnesota, with 51.% of that population in rural areas. - Broilers are a major consumer of soybean meal. In 27, there were million broilers sold in Minnesota and 8,915 million broilers sold in the U.S. - Average farm size in the U.S. increased from 213 acres in 195 to 418 acres in 21, while average farm size in Minnesota increased from 181 acres to 332 acres over the same period. Agricultural Production - By comparison, in 21 there were 5,33,925 people living in Minnesota, with 26.7% of that population in rural areas. - In Minnesota in 1945, there were 16,21 grain combines, while in 27 there were 29,232 selfpropelled grain and bean combines in the state. Consolidation Trends: Number of Farms Farmland Trends: Land in Farms (Acres) Average Farm Size (Acres) Population Trends: Population Density (Pop. per Square Mile) Production Trends: Volume of Production (Million Bushels) Then of U.S. Now of U.S. Change , 3.3% 21 81, 3.7% -56.% ,3, 2.8% 21 26,9, 2.9% -19.2% % % 84% % % 16.9% % 211 1, % 281% Miles of Road by Owner for Minnesota Other 4,73 Federal Agency State Highway Agency 11,893 Minnesota Agriculture and Rural Infrastructure County 44,876 Highlights Roads Railroad Waterways Bridges With 138,239 miles of road as of 28, Minnesota accounts for 3.4% of U.S. road miles. Minnesota had 9,114 miles of railroad in 192 (around the time of the peak rail mileage), but this mileage had fallen to 8,1 miles in 1965 and decreased even further to 4,528 freight railroad miles in. Minnesota has approximately 26 miles of inland waterways. Minnesota has 13,117 bridges, and approximately 11.1 percent of those are considered structurally deficient or functionally obsolete. 1 Towns and Cities 77,397
2 Consolidation Trends: Fewer Farms and Larger Average Farm Size Number of Farms Number of Farms No. of Farms Avg. Farm Size Corn for Grain 114,592 4 acres 3, acres -73% 527% Soybeans 55, acres 27,4 232 acres -51% 577% Wheat 21,48 33 acres 6, acres -69% 679% Cattle and Calves Inventory Then (1954) Now (27) Change Average acreage or number of head per farm for farms with production Average acreage or number of head per farm for farms with production 139, head 24, head -82% 268% Hogs Sold 89,31 5 head 4,748 4,85 head -95% 9,556% Broilers Sold 24 1,429 head 94 51,9 head 292% 389% All Farms 165, acres 8, acres -51% 7% Farm Equipment Used: Number of Tractors of Various Sizes, 27 Less than 4 HP 6,41 Farm Equipment 4 to 99 HP 9,711 1 HP or greater 78,92 5, 1, 15, 2, 25, Number of Tractors Farm Input Trends: Minnesota Farm Inputs by Type, Production Expenses by Category (Million Dollars) 16, 14, 12, 1, 8, 6, 4, 2, Miscellaneous and other production Capital consumption, excluding operator dwellings Interest, excluding operator dwellings Total labor Marketing, storage, and transportation Repair and maintenance, excluding operator dwellings Fuel and oil Pesticide Fertilizer and lime Purchased seed Purchased livestock and poultry Purchased feed 2
3 Rural Infrastructure Trends Then Now Change Off Farm Storage (million bushels) On Farm Storage (million bushels) Estimated Average Tractor Weight (lbs.) of U.S. of U.S % % 19% ,46 1.6% 211 1, % -1% 195 5, % 211 1, % 94% Railroad Miles 192 9, % Road Miles freight 4, % -5% ,36 2.% , % 1,123% 2,5, Estimated Number of Semi Trailer Loads Required to Haul Minnesota's Grain and Oilseed Production (Includes Corn, Soybeans, Wheat, Sorghum, Barley, and Oats) Number of Semis Trailer Loads 2,, 1,5, 1,, 5, 212 1,957, ,972, Note: Assumes 26 tons of grain per semi trailer load. Estimated number of semi trailer loads if all production is initially hauled by semi trailer. Based on Informa crop production forecasts. 3
4 Minnesota: Agricultural Production and Infrastructure Infrastructure Minnesota crop production consists primarily of corn, soybeans, and wheat. Crops are moved from production regions by truck, rail or barge to elevators and processing facilities. Minnesota has 953 miles of interstate; 4,528 miles of rail lines; 26 miles of waterways; 13,117 bridges and 138,239 miles of roadways. Minnesota has six soybean crush facilities; 4 shuttle facilities; 21 ethanol plants; 48 grain elevators; and nine river elevators. 4
5 Minnesota: Production from 195 to 21 Production Crop production in much of the state has been increasing, while production in the north central and northeastern portion of the state has been decreasing. Production of grains and soybeans has increased by nearly 1.2 billion bushels from 195 to 21. Historically, Minnesota has produced predominantly corn and oats along with a mix of other grains and soybeans. Corn production in Minnesota has increased to over one billion bushels, while soybeans have edged past oat production. The state also produces barley and wheat. Funded by the soybean checkoff 5
Tennessee Agricultural Production and Rural Infrastructure
Tennessee Trends in Agricultural Production and Infrastructure Highlights - In many states the percentage of the state population designated by the U.S. Census Bureau as living in rural areas has declined,
More information298,320 3,041 107,825. Missouri Economic Research Brief FARM AND AGRIBUSINESS. Employment. Number of Agribusinesses.
Missouri Economic Research Brief FARM AND AGRIBUSINESS Missouri s Farm and Agribusiness Missouri s farm and agribusiness sectors include crops, livestock, industries supporting farm production and farm-related
More informationMissouri Soybean Economic Impact Report
Missouri Soybean Economic Report State Analysis March 2014 The following soybean economic impact values were estimated by Value Ag, LLC, as part of a Missouri Soybean Merchandising Council funded project.
More informationSoybean Supply and Demand Forecast
Soybean Supply and Demand Forecast U.S. soybean planted acreage is expected to increase 11.5 million acres over the forecast period. U.S. soybean yields are expected to increase 7 bushels per acre or an
More informationSetting up your Chart of Accounts
FARM FUNDS WORKSHEETS Setting up your Chart of Accounts Supplies Supplies are any inputs that will be used on a field, group of livestock, or equipment. Setting up a supply will set up the related expense
More informationStatistical Profile of Lunenburg County
Statistical Profile of Lunenburg County Prepared by the Nova Scotia Federation of Agriculture 1 Contents 1.0 Introduction... 2 Agriculture in the Local Economy... 2 2.0 Population and Population Change...
More informationFarm Tax Record Book SAMPLE
Farm Tax Record Book TABLE OF CONTENTS Farm Receipts... Milk Sales and Deductions Worksheet... Government Payments Worksheet... Commodity Certificates... Sale of Livestock Worksheet... Farm Expenses...0
More informationFUTURES TRADERS GUIDE TO THE WASDE
FUTURES TRADERS GUIDE TO THE WASDE Your Guide To Understanding The USDA World Agriculture Supply & Demand Estimates For Corn, Soybeans And Wheat By Craig & Drew Daniels 1.800.800.3840 What Is The WASDE?
More informationEstimating Cash Rental Rates for Farmland
Estimating Cash Rental Rates for Farmland Tenant operators farm more than half of the crop land in Iowa. Moreover, nearly 70 percent of the rented crop land is operated under a cash lease. Cash leases
More informationCash Flow Projection for Operating Loan Determination
E-19 RM-7.0 02-09 Risk Management Cash Flow Projection for Operating Loan Determination Danny Klinefelter and Dean McCorkle* A cash flow statement can be simply described as a record of the dollars coming
More informationThe 2010 Economic Impact of the Nebraska Agricultural Production Complex
Department of Agricultural Economics June 2012 Report No.192 The 2010 Economic Impact of the Nebraska Agricultural Production Complex by Eric Thompson Bruce Johnson Anil Giri The University of Nebraska
More informationGrains and Oilseeds Outlook
United States Department of Agriculture Grains and Oilseeds Outlook Friday, February 26, 2016 www.usda.gov/oce/forum Agricultural Outlook Forum 2016 Released: Friday, February 26, 2016 GRAINS AND OILSEEDS
More informationCROP BUDGETS, ILLINOIS, 2015
CROP BUDGETS Department of Agricultural and Consumer Economics University of Illinois CROP BUDGETS, ILLINOIS, 2015 Department of Agricultural and Consumer Economics University of Illinois September 2015
More information2013 World Grain Outlook
2013 World Grain Outlook Presented by: John Roach February 18, 2013 Disclaimer: Futures/options trading involves substantial risk of loss and trading may not be suitable for all investors. You should fully
More informationIssues In Agriculture
Issues In Agriculture John Stulp, Commissioner of Agriculture November, 2010 Colorado Department of Agriculture CDA is charged with: Strengthening and advancing Colorado s agriculture industry; Ensuring
More informationRevenue and Costs for Corn, Soybeans, Wheat, and Double-Crop Soybeans, Actual for 2009 through 2015, Projected 2016
CROP COSTS Department of Agricultural and Consumer Economics University of Illinois Revenue and Costs for Corn, Soybeans, Wheat, and Double-Crop Soybeans, Actual for 2009 through 2015, Projected 2016 Department
More informationSTATISTICAL PROFILE OF CAPE BRETON. Prepared By: Nova Scotia Federation of Agriculture
STATISTICAL PROFILE OF CAPE BRETON Prepared By: Nova Scotia Federation of Agriculture 1.0 Introduction Agriculture in the Local Economy Agriculture in Cape Breton is characterized by a diversity of farm
More informationCorn Transportation Profile
Corn Transportation Profile AMS Transportation and Marketing Programs August 2014 Marina R. Denicoff Marvin E. Prater Pierre Bahizi Executive Summary America s farmers depend on transportation as the critical
More informationEnterprise Budgeting. By: Rod Sharp and Dennis Kaan Colorado State University
Enterprise Budgeting By: Rod Sharp and Dennis Kaan Colorado State University One of the most basic and important production decisions is choosing the combination of products or enterprises to produce.
More informationCrop-Share and Cash Rent Lease Comparisons Version 1.6. Introduction
Crop-Share and Cash Rent Lease Comparisons Version 1.6 Alan Miller and Craig L. Dobbins Spreadsheet can be found at http://www.agecon.purdue.edu/extension/pubs/farmland_values.asp Introduction This spreadsheet
More informationFCStone Grain Recap January 6, 2016
CORN: CH16 made new contract lows but were unable to hold below unchanged into the close. Weekly ethanol production marginally higher this week, up 4 thbpd to 996. Ethanol stocks built again reaching 21099
More informationAGRICULTURAL LOAN APPLICATION
AGRICULTURAL LOAN APPLICATION REQUESTED LOAN AMOUNT PURPOSE APPLICANT TYPE INDIVIDUAL JOINT CORPORATION PARTNERSHIP OTHER REQUESTED LOAN TYPE OPERATING LINE OF CREDIT TERM EQUIPMENT REAL ESTATE INDIVIDUAL
More informationU.S. Farm Policy: Overview and Farm Bill Update. Jason Hafemeister 12 June 2014. Office of the Chief Economist. Trade Bureau
U.S. Farm Policy: Office of the Chief Economist Trade Bureau Overview and Farm Bill Update Jason Hafemeister 12 June 2014 Agenda Background on U.S. Agriculture area, output, inputs, income Key Elements
More informationOutlook for the 2013 U.S. Farm Economy
Outlook for the 213 U.S. Farm Economy Kevin Patrick Farm and Rural Business Branch Resource and Rural Economics Division Highlights Net farm income in 213 forecast: $128.2 billion Net cash income in 213
More informationAGRICULTURE CREDIT CORPORATION CASH WHEN YOU NEED IT MOST
AGRICULTURE CREDIT CORPORATION CASH WHEN YOU NEED IT MOST OVERVIEW 1) Observations on Farm Debt in Canada 2) Overview of the APP and Changes 3) Overview of the Commodity Loan Program (CLP) 90000000 Total
More informationFarm Financial Statements Net Worth Statement Statement of Cash Flows Net Income Statement Statement of Owner Equity
Farm Financial Statements Net Worth Statement Statement of Cash Flows Net Income Statement Statement of Owner Equity Recording Transactions in the Date Cash Journal Description Value Amount (bu., lb.,
More informationWheat Transportation Profile
Wheat Transportation Profile Agricultural Marketing Service / Transportation and Marketing Programs November 2014 Marina R. Denicoff Marvin E. Prater Pierre Bahizi Executive Summary America s farmers depend
More informationIMPACTS OF HIGHER TRUCK WEIGHTS ON ILLINOIS SOYBEAN PRODUCERS
IMPACTS OF HIGHER TRUCK WEIGHTS ON ILLINOIS SOYBEAN PRODUCERS Prepared for: ILLINOIS SOYBEAN ASSOCIATION Prepared by: May 2011 775 Ridge Lake Boulevard, Suite 400 ~ Memphis, Tennessee 38120-9403 Telephone
More informationAFBF Comparison of Senate and House Committee passed Farm Bills May 16, 2013
CURRENT LAW SENATE AG COMMITTEE (S. 954) HOUSE AG COMMITTEE (HR 1947) Reported out of Committee 15 5 Reported out of Committee 36 10 Cost $979.7 billion over the 10 years before sequester reductions of
More information3.3 Real Returns Above Variable Costs
3.3 Real Returns Above Variable Costs Several factors can impact the returns above variable costs for crop producers. Over a long period of time, sustained increases in the growth rate for purchased inputs
More informationPast and Future Grain Traffic on the Missouri River
Past and Future Grain Traffic on the Missouri River C. Phillip Baumel Professor of Economics Iowa State University Jerry Van Der Kamp Executive Vice-President and CEO AGRI-Industries July 2003 Past and
More informationFertilizer is a world market commodity, which means that supply
Supply & demand, Energy Drive Global fertilizer prices The Fertilizer Institute Nourish, Replenish, Grow Fertilizer is a world market commodity necessary for the production of food, feed, fuel fiber. &
More informationSOURCES AND USES OF FUNDS ON KFMA FARMS
KANSAS FARM MANAGEMENT ASSOCIATION Your Farm - Your Information - Your Decision N E W S L E T T E R Volume 6, Issue 3 March 2012 SOURCES AND USES OF FUNDS ON KFMA FARMS A flow of funds report, often referred
More informationCalculating Your Milk Production Costs and Using the Results to Manage Your Expenses
Calculating Your Milk Production Costs and Using the Results to Manage Your Expenses by Gary G. Frank 1 Introduction Dairy farms producing milk have numerous sources of income: milk, cull cows, calves,
More informationHow much financing will your farm business
Twelve Steps to Ag Decision Maker Cash Flow Budgeting File C3-15 How much financing will your farm business require this year? When will money be needed and from where will it come? A little advance planning
More informationAssessing and Improving Farm Profitability
1 Fact Sheet 539 Assessing and Improving Farm Profitability Is my farm making money? This is a question farm managers think about often. To stay in business, the farm must generate a profit, at least in
More informationU.S. Farm Income. Randy Schnepf Specialist in Agricultural Policy. February 28, 2014. Congressional Research Service 7-5700 www.crs.
Randy Schnepf Specialist in Agricultural Policy February 28, 2014 Congressional Research Service 7-5700 www.crs.gov R40152 Summary According to USDA s Economic Research Service (ERS), national net farm
More informationUniversity of Illinois CROP BUDGETS. Consumer Economics
CROP BUDGETS Department of Agricultural and Consumer Economics University of Illinois CROP BUDGETS, ILLINOIS, 2013 Department of Agricultural and Consumer Economics University of Illinois July 2013 Introduction
More informationUnderstanding and Using Basis - Grains
Understanding and Using Basis - Grains By: E. Dean Baldwin Reviewers: John Ferris and David Holder Edited by Duane Griffith and Stephen Koontz 1 Basis is defined as the amount in cents per bushel a specified
More informationManaging Specialty Crop Risk in North Carolina: A Working Paper
Managing Specialty Crop Risk in North Carolina: A Working Paper James Robinson, Research & Policy Associate, RAFI Scott Marlow, Executive Director, RAFI Michelle Madeley, MPH-MCRP Candidate, UNC Chapel
More informationU.S. crop program fiscal costs: Revised estimates with updated participation information
U.S. crop program fiscal costs: Revised estimates with updated participation information June 2015 FAPRI MU Report #02 15 Providing objective analysis for 30 years www.fapri.missouri.edu Published by the
More informationCROP BUDGETS, ILLINOIS, 2014
CROP BUDGETS Department of Agricultural and Consumer Economics University of Illinois CROP BUDGETS, ILLINOIS, 2014 Department of Agricultural and Consumer Economics University of Illinois June 2014 Introduction
More informationCash to Accrual Income Approximation
Cash to Accrual Income Approximation With this program, the user can estimate accrual income using the Schedule F from his/her federal income tax return. Fast Tools & Resources Farmers typically report
More informationMain Street ECONOMIST: ECONOMIST THE THE. Economic information. Financing Young and Beginning Farmers. By Nathan Kauffman, Economist
THE Main Street ECONOMIST: ECONOMIST Economic information Agricultural for the and Cornhusker Rural Analysis State September 201 0 Federal Reserve Bank of of Kansas City Financing Young and Beginning Farmers
More informationIndex. Coumbia-Snake River System 356 dairy 64 exports 66 regional changes 64 supply and demand 66 DDGS 127, 130
Index Index AASHTO study 307 agricultural commodities 23 agriculture importance to U.S. economy 3 need for flexible transportation 367 need for transportation 1 Alameda Corridor 424 funding requirements
More informationECONOMIC CONTRIBUTION OF NORTH CAROLINA AGRICULTURE AND AGRIBUSINESS
ECONOMIC CONTRIBUTION OF NORTH CAROLINA AGRICULTURE AND AGRIBUSINESS $76 BILLION Agriculture and Agribusiness, including the farming, processing, wholesaling and retailing of food, natural fiber and forestry
More informationAgricultural Production and Research in Heilongjiang Province, China. Jiang Enchen. Professor, Department of Agricultural Engineering, Northeast
1 Agricultural Production and Research in Heilongjiang Province, China Jiang Enchen Professor, Department of Agricultural Engineering, Northeast Agricultural University, Harbin, China. Post code: 150030
More informationGrains and Oilseeds Outlook
United States Department of Agriculture Grains and Oilseeds Outlook Friday, February 20, 2015 www.usda.gov/oce/forum Agricultural Outlook Forum 2015 Released: Friday, February 20, 2015 GRAINS AND OILSEEDS
More informationForage Economics, page2. Production Costs
Forage Economics Geoffrey A. Benson, Professor Emeritus, Department of Agricultural and Resource Economics, and James T. Green, Jr., Professor Emeritus, Department of Crop Science, NC State University
More informationHow Crop Insurance Works. The Basics
How Crop Insurance Works The Basics Behind the Policy Federal Crop Insurance Corporation Board of Directors Approve Policies Policy changes General direction of program Risk Management Agency Administers
More informationOntario Agri Business Association Economic Impact Analysis Executive Summary
Ontario Agri Business Association Economic Impact Analysis Executive Summary Prepared by: MNP LLP October, 2013 INTRODUCTION The Ontario Agri Business Association (OABA) commissioned MNP LLP (MNP) to carry
More informationDown-to-earth people
Down-to-earth people Why does a farmer farm? Planting a seed every spring takes a bit of optimism hoping the seed will grow and mature, that there will be enough rain but not a storm to wipe out the crop,
More informationAIC Farm Bill Brief #1
University of California July 2007 Agricultural Issues Center AIC Farm Bill Brief #1 The Farm Bill and California Food and Agriculture* Daniel A. Sumner** Every five years or so the United States reconsiders
More informationGrain Inventory Management
Grain Inventory Management With this program, the user can manage and track grain inventories by landowner, production location, storage site and field. Transactions can be recorded for: Production Grain
More informationProPartners Financial Application Cover Page Please fax to 651-282-7861 with application
Loan Information: ProPartners Financial Application Cover Page Please fax to 651-282-7861 with application Applicant Name: Requested Amount Dealer Buy Down - % Dealer Add-On + % (Buy-down and add-on are
More informationAGRICULTURAL PROBLEMS OF JAPAN
AGRICULTURAL PROBLEMS OF JAPAN Takeshi Kimura, Agricultural Counselor Embassy of Japan, Washington, D. C. I would like, first, to sketch the Japanese agricultural situation and, second, to review Japan's
More informationFarmland Lease Analysis: Program Overview. Navigating the Farmland Lease Analysis program
Farmland Lease Analysis: Program Overview The farmland lease analysis program is used to aid tenants and landlords in determining the returns and risks from different farmland leases. The program offers
More informationAGRICULTURE FINANCIAL STATEMENT Borrower # AND LOAN APPLICATION Telephone #
AGRICULTURE FINANCIAL STATEMENT Borrower # AND LOAN APPLICATION Telephone # For the purpose of obtaining credit from Ramsey National Bank (RNB) and any future credit granted by the RNB, or to support an
More informationMap 1. Average Dollar Value of Agricultural Products Sold per Farm
Profiles: Government Farm Payments and Other Government Transfer Payments in the United States Iowa State University Department of Economics Authors: Liesl Eathington, Research Associate Dave Swenson,
More informationOBTAINING OPERATING CAPITAL FOR 2016 GRAIN OPERATIONS: NEEDS, RISKS, REWARDS & THE BOTTOM LINE
OBTAINING OPERATING CAPITAL FOR 2016 GRAIN OPERATIONS: NEEDS, RISKS, REWARDS & THE BOTTOM LINE 02.03.16 JEFF RODIBAUGH FIRST FARMERS BANK & TRUST POLL: 2016 CORN BELT SEED CONFERENCE 1. You believe there
More informationContents. Acknowledgements... iv. Source of Data...v
Kentucky Farm Business Management Program Annual Summary Data: Kentucky Grain Farms - 2011 Agricultural Economics Extension No. 2012-17 June 2012 By: Amanda R. Jenkins Michael C. Forsythe University of
More informationEthanol Usage Projections & Corn Balance Sheet (mil. bu.)
Ethanol Usage Projections & Corn Balance Sheet (mil. bu.) Updated 12/21/215 Historic Est. Prelim. Proj. 216-17 Year: (production/marketing) 1/ 211-12 212-13 213-14 214-15 215-16 Low Med. 4 High Yield (bu.
More informationARC/PLC Program Overview
ARC/PLC Program Overview FSA and University of MN Extension Producer Meetings December 2014 January 2015 The 2014 Farm Bill provides the following: Eliminates DCP and ACRE program Allows for a one-time
More informationEffects of Recent Energy Price Reductions on U.S. Agriculture
United States Department of Agriculture BIO-04 June 2015 A Report from the Economic Research Service www.ers.usda.gov Effects of Recent Energy Price Reductions on U.S. Agriculture Kandice K. Marshall,
More informationComputerized Farm Records
Computerized Farm Records Peg Brune ~ Dodge, NE 402-693-2801 Email: brune@skyww.net Agricultural Bookkeeping: Quickbooks or Quicken???? Accounting: Accountants prefer Quickbooks, mostly because a lot of
More informationCBOT AGRICULTURAL PRODUCTS
CBOT AGRICULTURAL PRODUCTS Business Development 141 W. Jackson Boulevard Chicago, IL 60604-2994 312-341-7955 fax: 312-341-3027 New York Office One Exchange Plaza 55 Broadway, Suite 2602 New York, NY 10006
More informationAgricultural Commodity Marketing: Futures, Options, Insurance
Agricultural Commodity Marketing: Futures, Options, Insurance By: Dillon M. Feuz Utah State University Funding and Support Provided by: On-Line Workshop Outline A series of 12 lectures with slides Accompanying
More informationCost of Production. Cost of Production. Cost of Production!
Cost of Production Versus Cost of Production And then there is, Cost of Production! Ken Bolton and Gary Frank Introduction September 2009 Historically business advisors have encouraged farm managers to
More informationAgriculture & Business Management Notes...
Agriculture & Business Management Notes... Preparing and Analyzing a Cash Flow Statement Quick Notes... Cash Flow Statements summarize cash inflows and cash outflows over a period of time. Uses of a Cash
More informationSection II: Problem Solving (200 points) KEY
ARE 495U Assignment 2-10 points Create 5 or more marketing plan questions that need to be answered related to FF. 2013 North Carolina FFA Farm Business Management Career Development Event Section II: Problem
More informationGuidelines for Estimating. Beef Cow-Calf Production Costs 2015. in Manitoba
Guidelines for Estimating Beef Cow-Calf Production Costs 2015 in Manitoba ................................................. Guidelines For Estimating Beef Cow-Calf Production Costs Based on a 150 Head
More informationNo. 04 Nebraska s First Farmers Nebraska s First Farmers
No. 04 Nebraska s First Farmers Nebraska s First Farmers At least 1,000 years ago Indian women tended small fields of corn. By the 1700s corn continued to be an important food for the Oto, Pawnee and Omaha
More informationLivestock Budget Estimates for Kentucky - 2000
Livestock Budget Estimates for Kentucky - 2000 Agricultural Economics Extension No. 2000-17 October 2000 By: RICHARD L. TRIMBLE, STEVE ISAACS, LAURA POWERS, AND A. LEE MEYER University of Kentucky Department
More informationHow much did your farm business earn last year?
Your Farm Ag Decision Maker Income Statement File C3-25 How much did your farm business earn last year? Was it profitabile? There are many ways to answer these questions. A farm income statement (sometimes
More informationPreparing A Cash Flow Statement
Preparing A Cash Flow Statement By: Norm Dalsted and Rod Sharp Colorado State University It is highly unlikely you would attempt to drive to Detroit, Michigan, without first consulting a road map. You
More informationGrain Stocks Estimates: Can Anything Explain the Market Surprises of Recent Years? Scott H. Irwin
Grain Stocks Estimates: Can Anything Explain the Market Surprises of Recent Years? Scott H. Irwin http://nationalhogfarmer.com/weekly-preview/1004-corn-controversies-hog-market http://online.wsj.com/news/articles/sb10001424052970203752604576641561657796544
More informationThe estimated costs of corn, corn silage,
Estimated Costs of Crop Ag Decision Maker Production in Iowa - 2015 File A1-20 The estimated costs of corn, corn silage, soybeans, alfalfa, and pasture maintenance in this report are based on data from
More informationWhat We ll Talk About Today. Big Data Consumer Impacts, Influences 9 Billion People & Renewable Energy Technology and Logistics
What We ll Talk About Today Big Data Conumer Impact, Influence 9 Billion People & Renewable Energy Technology and Logitic 1 Thing We Think About Labor Cot Production Cot Freh Water Availability 9 Billion
More informationA Comparative Marketing Analysis of Major Agricultural Products in the United States and Argentina
A Comparative Marketing Analysis of Major Agricultural Products in the United States and Argentina Argentina Report 2 Sergio H. Lence MATRIC Research Paper 00-MRP 2 June 2000 A Comparative Marketing Analysis
More informationInternal Revenue Service
Internal Revenue Service Number: 201120008 Release Date: 5/20/2011 Index Number: 1382.00-00, 199.06-00 ------------------- ------------------------ ---------------------------- -------------------------------
More informationGuidelines for Estimating Wheat Straw Biomass Production Costs. Average Crop Residue Zone in Manitoba
Guidelines for Estimating Wheat Straw Biomass Production Costs 2016 Average Crop Residue Zone in Manitoba .............................................. Guidelines for Estimating Wheat Straw Biomass Production
More information2016 Iowa Farm. Custom Rate Survey File A3-10 Many Iowa farmers hire custom machine work. Ag Decision Maker. Average Charge. Median Charge Range
2016 Iowa Farm Ag Decision Maker Custom Rate Survey File A3-10 Many Iowa farmers hire custom machine work in their farm business, or perform custom work for others. Some farmers rent machinery or perform
More informationFarm Financial Management
Farm Financial Management Your Farm Income Statement How much did your farm business earn last year? There are many ways to answer this question. A farm income statement (sometimes called a profit and
More informationLong-Term Ag. Outlook Webinar October 30, 2015
Long-Term Ag. Outlook Webinar October 30, 2015 email your ques-ons to jmintert@purdue.edu Long-Term Ag. Outlook Webinar October 30, 2015 The State of the Agricultural Economy Short-run: The Farm Boom is
More informationFarm Business Analysis Report BEEF SUMMARY
Extension No. M M-356 ESQ No. 490 1977 Farm Business Analysis Report BEEF SUMMARY Department of Agricultural Economics and Rural Sociology Cooperative Extension Service The Ohio State University Columbus,
More informationTotal Income from Farming in the United Kingdom. First estimate for 2015
28 April 2016 Total Income from Farming in the United Kingdom First estimate for 2015 This release presents the first estimate of Total Income from Farming for the United Kingdom for 2015. Total Income
More informationInstruction Sheet for Recordkeeping Template: Monthly Operational Expenses for Farm
Instruction Sheet for Recordkeeping Template: The intent of this table is to provide a place for recording farm expenses that you incurred and paid in the tax year. Generally, farmers can deduct the current
More informationGrain Handling and Storage Costs in Country Elevators
Grain Handling and Storage Costs in Country Elevators Phil Kenkel Bill Fitzwater Cooperative Chair Department of Agricultural Economics Oklahoma State University Phil.kenkel@okstate.edu 405-744-9818 Grain
More informationFCStone Grain Recap July 9, 2015
CORN: Values higher throughout the day on heavy volume as traders anticipate USDA s Friday S&D update and speculate on US crop problems. Weekly export sales of 535,000 tons vs 363,000 tons of old crop
More informationUsing Enterprise Budgets in Farm Financial Planning
Oklahoma Cooperative Extension Service AGEC-243 Using Enterprise Budgets in Farm Financial Planning Damona Doye Regents Professor and Extension Economist Roger Sahs Extension Assistant Oklahoma Cooperative
More informationSpatial Distribution of Precision Farming Technologies in Tennessee. Burton C. English Roland K. Roberts David E. Sleigh
Spatial Distribution of Precision Farming Technologies in Tennessee Burton C. English Roland K. Roberts David E. Sleigh Research Report 00-08 February 2000 Department of Agricultural Economics and Rural
More informationEastern Kentucky Meat Goat Budget Analysis
Eastern Kentucky Meat Goat Budget Analysis Agricultural Economics Extension No. 2000-11 May 2000 By: ALIOUNE DIAW AND A. LEE MEYER University of Kentucky Department of Agricultural Economics 400 Charles
More informationProtecting Your Investment- Canola Crop Insurance Options
Protecting Your Investment- Canola Crop Insurance Options December 2014 2015 Crop Year Supplemental Coverage Option The 2014 Farm Bill authorized the new Supplemental Coverage Option (SCO) endorsement
More informationIowa s average industrial electricity cost per kwh is 24 percent below the U.S. average.
Iowa s business climate has never been more favorable. Iowa has the lowest cost of doing business in the nation, is perfectly positioned with its central location and has a diversified and robust economy.
More informationCosts to Produce Hogs in IllinoisC2007
Costs to Produce Hogs in IllinoisC2007 University of Illinois Farm Business Management Resources FBM-0150 Costs to Produce Hogs in IllinoisC2007 Dale H. Lattz Extension Specialist, Farm Management Department
More informationTaiwan s land area is about 36,000 square kilometers. 2/3 of the lands are mountains and slope lands with cultivated land rate only 22%.
OUTLINE 2 Taiwan s land area is about 36,000 square kilometers. 2/3 of the lands are mountains and slope lands with cultivated land rate only 22%. Taiwan, one of the primary agricultural importing countries
More informationAppendix A: Glossary
Appendix A: Glossary Acreage class - a structural indicator of farm size based on acres operated. The five acreage classes generally used in this report are: 1-49 acres, 50-179 acres, 180-499 acres, 500-999
More informationFarm Credit s Mission to serve Young, Beginning, and Small Farmers. New loans made in 2010 to: Young: $7.3 billion Beginning: $10.
Farming s Future: The Next Generation Gary Matteson, Farm Credit Council VP Young, Beginning, Small Farmer Programs and Outreach Looking to the Future must know where beginning farmers are what beginning
More informationNew England Cash Receipts 2012
New England Cash Receipts 2012 December 15, 2013 2012 Farm Cash Receipts down 2 percent in New England New England cash receipts from farm marketings totaled $2.702 billion in 2012, a decrease of $67 million
More informationWill It Sprout? Seed Germination Test
Objective Will It Sprout? Seed Germination Test The student will understand the importance of a seed germination test performed on field seed, and will do a classroom germ test. Grade Level 1-3 4-6 TEKS:
More information