Extension
It Starts With Us
Measuring the Agriculture Business
Agriculture, Management and Decision Process
ANR
Beef
Farm Management, Economics and Policy
Forages
Soil testing
Many producers focus on production and do not measure any aspect of the business. In order to make profitable decisions, producers need data to measure the cost and revenue from their agricultural enterprise. The need to improve farm record keeping and data collection is a focus of the ag finance businesses as farmers are ask more and more to provide information for capital needs. This documentation will include actual measures of profitability of various enterprises on the farm to determine if some aspects of the overall farm need to be changed to improve the overall farm profitability.
Farmers implement systems that will help record, track, and analysis the economic viability of their decisions and be able to make necessary changes to reflect the changing market and weather conditions.
Farmers realize how information can affect the results of the enterprise with increased profitability. They continue to look at data to make informed decisions.
Farmers start to measure and record data from each enterprise, such as calf weights, cow reproductive performance, crop yields per field, per acre, and other crop measures of quality.
Initial Outcome: Data Recording
Indicator: Various collection methods are used to measure ag performance
Method: Farm Record Keeping classes
Timeline: Winter of 2021
Intermediate Outcome: Data Analysis
Indicator: Farmers make informed decisions based on information from measuring of agriculture production and cost
Method: Decision making classes
Timeline:2022-2023
Long-term Outcome: Record Keeping Systems
Indicator: Records are a permanent part of the management of the farm operation.
Method: Producer visits and reports to learn how the business uses data, Beef Producers that employ X10D
Timeline: Fall of 2022 and 2023
Audience: Farmers wanting to improve profitability
Project or Activity: Basic Farm Record Keeping Class
Content or Curriculum: Brown Farm Record Book use and purpose class
Inputs: Brown Farm Record Books, sample of farm expenses, and incomes to enter and learn about categories for farm accounting.
Date: Winter 2023
Audience: Data Analysis
Project or Activity: Class to evaluate information and make informed decisions on
Content or Curriculum: PRIMER workbook and software to evaluate enterprise profitability for both the short term and long term situation on the farm.
Inputs: Workbooks, software use, and specialist with Ag Econ and budgets
Date: Spring 2023
Audience: Record Keeping Systems, Producers that want to evaluate the profitability of different enterprises on their farm and the ways and means to do it.
Project or Activity: Learn about various systems from hand written forms to computer programs
Content or Curriculum: X10D Cattle Data Management software program offered through UK Beef IRM, Quickbooks or Quicken programs that can help with accounting.
Inputs: UK Ag Econ Specialist, Booklets, software, membership it X10D Beef management
Date: winter 2023
Author: David Appelman
Major Program: Financial Education - General
For many years, a land owner and widow in Bracken County leased her land to a family friend. This lease was a handshake deal with no explanation of the values placed on the land or what it would be used for. So after many years it was time for a change.The Bracken County Extension Service was approached to come up with a plan to guide the family through the lease process with guidelines to seek out a qualified producer that would care for their land and potentially serve as a long te
Author: David Appelman
Major Program: Soil testing
The pH of soil is one of the most important factors when determining the yield potential for most all crops. Not only does it determine yield potential, but it also has a dramatic impact on the effectiveness of fertilizers added for plant growth. To either raise soil pH or maintain soil pH, Agricultural Limestone is one of the most reliable additives to achieve the proper soil pH. There are a number of factors that determine the quality of Agricultural Limestone and this will g
