DISCUSSION: CAPITAL FOR THE AGRICULTURE OF THE FUTURE

Agricultural Finance,

Managing Your Family Business

6 pp.Successful management of a family business involves certain practices. This publication discusses those characteristics and offers suggestions for handling common pitfalls

Financial Statement Analysis.

16 p

Machinery-Sharing Contractual Issues and Impacts on Cash Flows of Agribusinesses

Contractual arrangements for joint machinery ownership between independent agribusinesses are explored. A two-farm economic simulation model of locations in Texas, Colorado, and Montana is developed to provide insight associated with sharing combines. Important variables include combine size (efficiency), yield losses resulting from untimely access to equipment, the penalty structure for untimely delivery, and cost-sharing and depreciation deductions claimed between producers. Combine sharing is risk-reducing in most cases. The gains to both parties are lowest when harvesting periods overlap. While the value of sharing is positive under many scenarios, benefits from sharing are small relative to total farm revenue.combines, machinery sharing, risk, simulation, Agribusiness, Agricultural Finance,

The 2009 Outlook for Texas Rural Land Values

2 pp.Farm income in 2009 will likely decline from previous years, and the value of rural land is likely to flatten out also. Producers need to increase their emphasis on financial and risk management

Farm and Ranch Financial Management: Cash vs. Accrual Accounting.

8 p

Balance Sheet -- A Financial Management Tool

4 pp.A balance sheet is a statement of the financial condition of a business at a specific time. This publication briefly discusses the balance sheet, its uses, and how to evaluate it

Evaluating Your Value-Added Business Plan: Questions a Producer Needs to Ask

2 pp.Consideration of certain questions can help a producer evaluate business proposals and maximize profit. This publication discusses the issues that will help determine the likelihood of success of a business venture

Income Statement -- A Financial Management Tool

4 pp., 1 figure, 3 tablesAn income statement measures the success of a business in terms of net income or loss for a period of time. An income statement of a farm business includes items in seven major categories. This publication describes each of these categories and gives a sample income statement