Southwest Minnesota
This presentation is the property of its rightful owner.
Sponsored Links
1 / 58

Farm Financial & Profitability Trends August 12, 2014 Don Nitchie, UMN Extension Educator PowerPoint PPT Presentation


  • 93 Views
  • Uploaded on
  • Presentation posted in: General

Southwest Minnesota Farm Business Management Association. Farm Financial & Profitability Trends August 12, 2014 Don Nitchie, UMN Extension Educator Agricultural Business Management Graphs, charts and information prepared by Garen J. Paulson for the SWMFBMA. Farm Income & Profitability.

Download Presentation

Farm Financial & Profitability Trends August 12, 2014 Don Nitchie, UMN Extension Educator

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Southwest Minnesota

Farm Business

Management Association

Farm Financial & Profitability Trends

August 12, 2014

Don Nitchie, UMN Extension Educator

Agricultural Business Management

Graphs, charts and information prepared by

Garen J. Paulson for the SWMFBMA

Source: SWMFBMA 2013 Member Farm Analysis


Farm income profitability

Farm Income & Profitability

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


High average low net farm income

High, Average, Low Net Farm Income

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Financial position

Financial Position

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Financial efficiency

FinancialEfficiency

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Profitability of crop production

Profitability of Crop Production

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Per Bushel

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Per Bushel

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Profitability of livestock production

Profitability of Livestock Production

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Per Bushel

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Per cwt.

Farrow to Finish 2008-2013: not enough data to publish

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Per cow

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Per cwt.

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Per cow

2012-2013: not enough dairy data to report

Source: SWMFBMA 2013 Member Farm Analysis


Living expenses

Living Expenses

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

GFI = Gross Farm IncomeNFI = Net Farm Income

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Includes: income tax, non-farm investment as well as living expenses

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Projected profitability and financial shocks

Projected Profitability and Financial Shocks

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Projected Profitability and Financial Shocks

1 Assets at estimated market value excluding deferred liabilities

2 Assets at estimated market value, returns excluding change in market valuation

3 Differs from previous tables because Owner Wages and Benefits are treated as expenses. In previous tables, owner wages

and benefits are moved to Value of Operator Labor and Management to improve comparative analysis

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

The Impact of Projected Profitability and Financial Shocks

Source: SWMFBMA 2013 Member Farm Analysis


Reference section

Reference Section

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Garen s market prices

Garen’sMarket Prices

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

Source: SWMFBMA 2013 Member Farm Analysis


Price history corn

Price History - Corn

Source: SWMFBMA 2013 Member Farm Analysis


Price history soybeans

Price History: Soybeans

Source: SWMFBMA 2013 Member Farm Analysis


Farm financial profitability trends august 12 2014 don nitchie umn extension educator

U of M Extension Agricultural Business Management

news, information, resources,  & current educational events @ new updated website:

http://www.extension.umn.edu/agriculture/business/

Watch for Farm Bill Education & Training

U of M Extension & FSA

  • 5-10 Dairy trainings late Sept-early Oct

  • ARC/PLC; 6 Regional Professional updates in Oct. or November

  • ARC/PLC; 60 producer meetings Nov.-Feb.


  • Login