580 likes | 732 Views
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.
E N D
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 Source: SWMFBMA 2013 Member Farm Analysis
High, Average, Low Net Farm Income Source: SWMFBMA 2013 Member Farm Analysis
Financial Position Source: SWMFBMA 2013 Member Farm Analysis
FinancialEfficiency Source: SWMFBMA 2013 Member Farm Analysis
Profitability of Crop Production Source: SWMFBMA 2013 Member Farm Analysis
Per Bushel Source: SWMFBMA 2013 Member Farm Analysis
Per Bushel Source: SWMFBMA 2013 Member Farm Analysis
Profitability of Livestock Production Source: SWMFBMA 2013 Member Farm Analysis
Per Bushel Source: SWMFBMA 2013 Member Farm Analysis
Per cwt. Farrow to Finish 2008-2013: not enough data to publish Source: SWMFBMA 2013 Member Farm Analysis
Per cow Source: SWMFBMA 2013 Member Farm Analysis
Per cwt. Source: SWMFBMA 2013 Member Farm Analysis
Per cow 2012-2013: not enough dairy data to report Source: SWMFBMA 2013 Member Farm Analysis
Living Expenses Source: SWMFBMA 2013 Member Farm Analysis
GFI = Gross Farm Income NFI = Net Farm Income Source: SWMFBMA 2013 Member Farm Analysis
Includes: income tax, non-farm investment as well as living expenses Source: SWMFBMA 2013 Member Farm Analysis
Projected Profitability and Financial Shocks Source: SWMFBMA 2013 Member Farm Analysis
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
The Impact of Projected Profitability and Financial Shocks Source: SWMFBMA 2013 Member Farm Analysis
Reference Section Source: SWMFBMA 2013 Member Farm Analysis
Garen’sMarket Prices Source: SWMFBMA 2013 Member Farm Analysis