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Farm/Ranch Business Management Education Year 2008 Jerry Tuhy, Instructor Dickinson ND at DREC PowerPoint PPT Presentation


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Region 4 West ND. Farm/Ranch Business Management Education Year 2008 Jerry Tuhy, Instructor Dickinson ND at DREC. Gross Income (Accrual) Per farm for year. Net Income Ratio (%) percentage of gross $ that is net $. $ Net Farm Income “Profit”. $ Net “Non-Farm” Income.

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Farm/Ranch Business Management Education Year 2008 Jerry Tuhy, Instructor Dickinson ND at DREC

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Farm ranch business management education year 2008 jerry tuhy instructor dickinson nd at drec

Region 4 West ND

Farm/Ranch Business

Management Education

Year 2008

Jerry Tuhy, Instructor

Dickinson ND at DREC


Gross income accrual per farm for year

Gross Income (Accrual)Per farm for year


Net income ratio percentage of gross that is net

Net Income Ratio (%)percentage of gross $ that is net $


Net farm income profit

$ Net Farm Income “Profit”


Net non farm income

$ Net “Non-Farm” Income


Family living income taxes spent year

Family Living & Income Taxes$ spent/year


Change in retained earnings of equity gain per yr cost basis

Change in Retained Earnings$ of equity gain per yr (cost basis)


Farm debt asset ratio end year

Farm Debt/Asset Ratio (%) end year


Expense oper int as of accrual income

Expense (oper+ Int) as % of Accrual Income


Term debt coverage ratio a 100 ratio means we can make all debt payments

Term Debt Coverage Ratioa 100% ratio means “we can make all debt payments”


Cash flow 2008

Cash Flow 2008


Crop and pasture acres

Crop and Pasture Acres


Spring wheat ave yields and net per acre

Spring Wheat Ave Yields and Net $ per Acre


Costs acre for spring wheat comparing 06 07 08

Costs /acre for Spring Wheat comparing 06,07,08


Crop contributions to overheads year 2008

Crop Contributions to Overheads Year 2008


All crops combined in 2008 ave gross 196 cash rented crops not hay cost 182 a

All Crops combined in 2008 Ave Gross=$196Cash rented crops, not hay, cost=$182/A


Net income beef cow

$ Net income /Beef Cow


Beef cow costs returns 2008 per cow fuel repairs in ovhd

Beef cow costs, returns 2008per cow (fuel,repairs in OVHD)

average

high profit

$24

$135

$106

$351

$312

$84


How are low profit and high profit beef herds different for 2008 yr

How are low profit and high profitBeef herds different ? For 2008 yr


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