Dairy Farm Business Summary: Northern New York 1989

A.E. Ext. 90-08The primary objective of the dairy farm business summary, DFBS, is to help farm managers improve the business and financial management of their farm through appropriate use of historical farm data and the application of modern farm business analysis techniques. In short, DFBS identifies the business and financial information farmers need and demonstrates how it should be used in identifying and evaluating strengths and weaknesses of the farm business

Dairy Farm Business Summary: Eastern Plateau Region 1985

A.E. Ext. 86-22Dairy farmers throughout the State have been participating in New York Cooperative Extension's farm business summary and analysis program since the early 1950's. Each participating farmer receives a complete summary and analysis of his or her farm business in addition to this publication. The information in this report is compiled by averaging data submitted from the region described at the bottom of this page. Program Objective The primary objective of the dairy farm business summary, DFBS, is to provide farm managers information concerning profitability, financial condition, productivity, and efficiency to be used to assist them in delineating the strengths/weaknesses of the farm business and to improve decision-making. In short, DFBS identifies the records farmers need and provides information to be used in making business and financial management decisions. Program Improvements The 1985 DFBS report features improved accrual accounting procedures, a new measure of farm profitability, a more indepth balance sheet, an annual cash flow statement, and several major improvements in the business analysis format and the analysis measures used. These and other changes are identified in the body of this report. The revised format provides one full page for the analysis of the farm cropping program and another for complete analysis of the dairy program. Corn and hay crop related expenses are evaluated separately for cooperating farmers. The cost of producing milk per cow and per hundredweight of milk sold has been compiled. An annual cash flow worksheet has been added to the farmer's individual report. The popular Progress of The Farm Business report has been moved to page one of the farmer's report and added to this publication. Micro DFBS, which allows Cooperative Extension agents and specialists to calculate and print individual farm business reports in their offices, is now being used by more than 50 percent of our dairy farm management field staff. This innovative program provides faster processing of farm record data and increased use of DFBS in farm management programs

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A.E.Ext. 85-08This report is part of your Cooperative Extension Farm Business Management Program. Each year dairy farmers throughout New York State submit business records for summarization and analysis. In addition to this publication, each participating farmer receives an individual farm summary and analysis report for his or her business. The information in this publication is compiled by combining and averaging data submitted by the participating farmers from the region described at the bottom of this page. Program Objectives Primary objectives of the dairy farm business management program are to (1) assist farmers in developing and maintaining more complete farm business data for use in management decisions and (2) help farmers improve their management skills through appropriate use of farm record data and application of modern decision-making techniques. This report is prepared in workbook form for use in the systematic study of individual farm business performance. The need for a thorough dairy farm business examination and follow-up plan is greater than ever. The years immediately ahead will bring continued economic pressures on dairy farmers. We must continue to place emphasis on cost control and improvements in operating efficiency to maintain adequate farm incomes. Projecting cash flows, planning for future needs, and recognizing how those needs can be met will be required to survive the current dairy farm financial crisis. New Developments This year, several farm management agents and specialists are participating in a Dairy Farm Business Summary Pilot Program. Cooperative Extension Associations with appropriate microcomputers, have the capability to strengthen their dairy farm business analysis activities by calculating and printing the individual farm summary and analysis reports for immediate use by the agent and farmer, at any time. After the individual farm data is entered in the county office using the Micro DFBS computer program, it is sent to the Department of Agricultural Economics at Cornell University for additional review prior to transfer to a mainframe computer program for calculation of regional and state summaries. Dairy farmers participating in the milk diversion program are included in this report. Since there is a relatively small number from any one region, the data from these farms has not been summarized separately. A separate summary and analysis of milk diversion program farms will be included in the 1984 New York State Dairy Farm Business Summary

Dairy Farm Business Summary: Southeastern New York 1983

A.E. Ext. 84-05Dairyfarmers throughout New York State submit business records for summarization and analysis through Cooperative Extension's Farm Business Management Program. Each participating farmer receives an individual farm analysis report containing all the management information found in this publication. Averages from a compilation of the individual farm reports are published in several regional summaries and in a statewide summary. The 1983 Southeastern New York regional summary includes 20 Sullivan County dairy farms, seven Orange County dairy farms, and two from Ulster County. The year ahead will bring increased economic pressures on the dairy farming industry. The Dairy Production Stabilization Act of 1983 is expected to reduce milk prices two to three percent while production costs may increase four to six percent. Dairy farmers must continue to place emphasis on operating efficiency and cost control in order to maintain adequate farm incomes. This year, more than ever, improving weak links in the business and projecting cash flows will be critical management steps to enhance business survival probabilities

Dairy Farm Business Summary Southeastern New York 1984

A.E. Ext. 85-09This report is part of your Cooperative Extension Farm Business Management Program. Each year dairy farmers throughout New York State submit business records for summarization and analysis. In addition to this publication, each participating farmer receives an individual farm summary and analysis report for his or her business. The information in this publication is compiled by combining and averaging data submitted by the participating farmers from the region described at the bottom of this page. Program Objectives Primary objectives of the dairy farm business management program are to (1) assist farmers in developing and maintaining more complete farm business data for use in management decisions and (2) help farmers improve their management skills through appropriate use of farm record data and application of modern decision-making techniques. This report is prepared in workbook form for use in the systematic study of individual farm business performance. The need for a thorough dairy farm business examination and follow-up plan is greater than ever. The years immediately ahead will bring continued economic pressures on dairy farmers. We must continue to place emphasis on cost control and improvements in operating efficiency to maintain adequate farm incomes. Projecting cash flows, planning for future needs, and recognizing how those needs can be met will be required to survive the current dairy farm financial crisis. New Developments This year, several farm management agents and specialists are participating in a Dairy Farm Business Summary Pilot Program. Cooperative Extension Associations with appropriate microcomputers, have the capability to strengthen their dairy farm business analysis activities by calculating and printing the individual farm summary and analysis reports for immediate use by the agent and farmer, at any time. After the individual farm data is entered in the county office using the Micro DFBS computer program, it is sent to the Department of Agricultural Economics at Cornell University for additional review prior to transfer to a mainframe computer program for calculation of regional and state summaries. Dairy farmers participating in the milk diversion program are included in this report. Since there is a relatively small number from any one region, the data from these farms has not been summarized separately. A separate summary and analysis of milk diversion program farms will be included in the 1984 New York State Dairy Farm Business Summary

Dairy Farm Business Summary: Western Plain Region 1989

A.E. Ext. 90-09The primary objective of the dairy farm business summary, DFBS, is to help farm managers improve the business and financial management of their farm through appropriate use of historical farm data and the application of modern farm business analysis techniques. In short, DFBS identifies the business and financial information farmers need and demonstrates how it should be used in identifying and evaluating strengths and weaknesses of the farm business

Table of Contents

table of content

A Guide to Processing Dairy Farm Business Summaries in County and Regional Extension Offices

E.B. 97-02This publication is a guide to using the Microcomputer Dairy Farm Business Summary (Micro DFBS) computer program for analyzing the financial and production performance of individual dairy farm businesses. County Cooperative Extension agents and regional specialists are the intended audience, however, college faculty in other states may also find this publication of value. Farm business summary and analysis projects have long been a basic part of the agricultural Extension program in New York State. Records submitted by New York State dairy farmers provide. the basis for many Extension educational programs and the data for applied research studies and classroom teaching

A Guide to Processing Dairy Farm Business Summaries in County and Regional Extension Offices

E.B. 97-02This publication is a guide to using the Microcomputer Dairy Farm Business Summary (Micro DFBS) computer program for analyzing the financial and production performance of individual dairy farm businesses. County Cooperative Extension agents and regional specialists are the intended audience, however, college faculty in other states may also find this publication of value. Farm business summary and analysis projects have long been a basic part of the agricultural Extension program in New York State. Records submitted by New York State dairy farmers provide. the basis for many Extension educational programs and the data for applied research studies and classroom teaching

Dairy Farm Business Summary: Northern Hudson Region 1996

E.B. 97-09Dairy farm managers throughout New York State have been participating in Cornell Cooperative Extension's farm business summary and analysis program since the early 1950's. Managers of each participating farm business receive a comprehensive summary and analysis of the farm business. The information in this report represents an average of the data submitted from dairy farms in the Northern Hudson Region for 1996