Piggy bank.

How to analyze financial condition and performance for your farm

Improving Your Farm Profitability: #5 by Craig Chase, FFED program manager When large companies evaluate their business, they are determining their company’s financial condition and performance. What do those terms mean?  Get a picture of your farm’s financial condition from its balance sheet. This indicates the value of the assets, liabilities and net worth of … Continue reading How to analyze financial condition and performance for your farm

Man demonstrates carcass details to meat processing class.

Guidance for expanding small-scale meat processing

This article appeared in the May issue of Acreage Living, the monthly newsletter of ISU’s Small Farm Sustainability Program. Read more and subscribe. More consumers want to buy meat directly from producers due to supply chain challenges from COVID-19. But Iowa’s has limited capacity for small-scale meat processing. The Iowa Department of Agriculture and Land … Continue reading Guidance for expanding small-scale meat processing

Hands in gloves picking head of cauliflower.

Paying yourself: be sure to value your labor in farm budgets

Improving Your Farm Profitability: #4 by Craig Chase, FFED program manager Over the years, I have given numerous presentations and had discussions on developing enterprise budgets. I explain using those budgets to make decisions on pricing, product mix, and production changes. And as farmers get used to developing budgets, they find they can, in fact, … Continue reading Paying yourself: be sure to value your labor in farm budgets