Farm Financial Peer Learning Circles Kickoff Event
Event Details
Date
February 24, 2022
Time
Two Options (lunchtime and evening) available - times tbd
Location
Online via Zoom
Host
Cornell Small Farms Program
Nicole Waters
607-255-7115
email Nicole Waters
Assess Your Farm Business Health within a Farm Financial Peer Learning Circles
Cornell Small Farms Program (CSFP) and Cornell Cooperative Extension are teaming up with diversified farmers like you to analyze your farm's finances and have productive, honest discussions about the state of your business and opportunities for improving your financial outcomes.
- This winter we'll work in small groups to assess and streamline your farm's accounting system and customize your Chart of Accounts so you can make better business decisions and compare your business to standardized industry and peer benchmarks.
- Learning alongside peer farmers will help you better understand the typical, the possible, and the totally unexpected in farm finances. You'll participate in five roundtable sessions (March-August 2022) alongside peer farmers operating at similar scales throughout NYS to discuss financial decision-making opportunities, such as debt and loan assessment, labor management and costs, and price models for crops and market channels.
- You'll receive detailed financial benchmarks that compare key indicators for your farm with similar peer farms. You'll also receive a free electronic tablet. Allowing you to continue connecting with CCE and your peers for ongoing support!
Dates and Participation:
- Application Deadline: Tuesday, February 15, 2022.
- Project kick-off date: An introductory session for accepted participants will be held Thursday, February 24, 2022.
- Participants should be willing to share basic financial information, which will be standardized using a ratios format, with their small peer group. Privacy and confidentiality will be agreed upon by all.
This work is supported through the Cornell Small Farms Program, Cornell Cooperative Extension and a generous grant from the New York State Department of Ag and Markets.
If you have questions you may reach out to CSFP Project Manager, Nicole Waters.
Cornell Cooperative Extension is an employer and educator recognized for valuing AA/EEO, Protected Veterans, and Individuals with Disabilities and provides equal program and employment opportunities.
Please contact Nicole Waters if you have any special needs.
If you have a disability and are having trouble accessing information or need materials in an alternate format, contact Nicole Waters for assistance.
Dairy
Livestock
Forages
Grains
Upcoming Events
Statewide Swine 101 Week
September 25, 2024 : Statewide Swine 101 Week
Herkimer, NY
Come and join us at one of these 5 Locations across New York State for a FREE DINNER, timely information, and a take home gift!
Tax Awareness for Farmers - Webinar
September 25, 2024 : Tax Awareness for Farmers
NY FarmNet Free Webinar
Fall 2024 Meat Processing and Marketing Workshop Series
October 22, 2024 : SUNY Cobleskill
Cobleskill, NY
The program costs $10/farm and includes dinner.
October 23, 2024 : CCE Saratoga County
Ballston Spa, NY
The program costs $10/farm and includes dinner.
Announcements
Sign Up for Our Weekly E-Newsletter
We send out a bi-weekly e-newsletter that has announcements, upcoming programs, and opportunities for you! Registration is quick, easy, and free. Click here to sign up today!Document and Share Storm Damage
Mother nature has really been difficult over the last few days. Significant damage has been seen throughout NYS. Please let us know what types of damage your farm may have sustained during this time. This could be in the form of property damage, lost power, milk dump due to lost power, loss of livestock, loss of stored feed or growing crops.Farms are encouraged to DOCUMENT AND SHARE any impacts the weather may have had on their home or business. This could include structure damage, crop loss, inventory loss due to power outages, damage to equipment or fencing, and more.
If your farm experienced any sort of damage, please reach out to any of the folks listed below (or all of them). The more impact information that is collected, the greater the likelihood of a disaster declaration which can bring vital emergency support and awareness. The CNYDLFC Team will continue to collect detail and submit to NYSDAM and the EDEN network.
Reporting Weather Related Impacts (For your home or farm business)
- First, ensure that all the people and animals on your farm are safe, and that there aren't any unsafe working conditions created because of the weather (check your structures!). If there's an emergency, call 911 - don't try to manage it all on your own.
- Second, document all negative weather impacts for your farm and their estimated financial cost. Take photos, make estimates, and put it all in a safe place.
- Reach out to your insurance providers - farm, vehicle, crop, etc. to initiate the claim process as needed.
- Then, share your farm's damage with any (or all) of the ag support agencies listed below. We all work together to collect storm damage information and funnel it up to Ag and Markets which can initiate a natural disaster declaration.
Your local Cornell Cooperative Extension Association Office.
- Chenango: 607-334-5841
- Fulton/Montgomery: 518-853-2135
- Herkimer: 315-866-7920
- Madison: 315-684-3001
- Otsego: 607-547-2536
- Schoharie: 518-234-4303
- Saratoga: 518-885-8995
Any of our CNYDLFC Team members (calls/emails/texts/site visit requests all ok)
Your county USDA/FSA service center.
Your county farm bureau manager
Please let us know how we can help you.
- Erik Smith: 315-219-7786
- Daniela Gonzalez: 315-749-3486
- Ashley McFarland- 315-604-2156
Your county USDA/FSA service center.
- Chenango: 607-334-3231
- Fulton/Montgomery: 518-853-4015
- Herkimer: 315-866-2520
- Madison:315-824-9076
- Otsego: 607-547-8131
- Schoharie: 518-295-8600
- Saratoga: 518-692-9940
Your county farm bureau manager
- Region 3: Bailey Coon: 518-937-0566
- Region 5: John Wagner: 315-761-9770
- Region 6: Natally Batiston: 518-937-0269
- Region 7: Todd Heyn: 518-431-9338
Please let us know how we can help you.
Cash Rent and Custom Harvest Survey
To date, there is limited information available about rental rates and fees for crop harvesting. Farms can use this valuable information for their farm business planning to help improve decision making and profitability.The data that is collected, and the subsequent reports/findings/resources will be helpful for all of us to answer that call of "What's the average rental rate in my area?" and "How much do people charge to combine oats?"
Farmers Can Join MeatSuite For Free!
MeatSuite.com is a free resource provided by Cornell University where NY meat farmers can create a farm profile and list their bulk (wholes, halves, quarters) and bundled (i.e. Grilling Bundle) meat products.Why should farmers join?
1. It's free and easy!
2. Connect with more local customers. In the past year the MeatSuite.com farm directory had 8,300 visits from New York consumers. Farm profiles get as many as 25 views per month from potential local customers. We also spotlight MeatSuite farms on social media and bring attention and purchases to farms through highlights and giveaways.
How do I join?
Farmers can visit https://www.meatsuite.com/farmers/ to create a free farm profile. You must list at least one product for your farm's profile to go live. You'll also have access to Cornell's free Meat Price Calculator, a helpful tool for pricing your meat to make a profit.
While you're on MeatSuite, check out the "Creating Consumer-Friendly Bulk Meats" publication on the log-in page. It has tips on how to create bulk meat products that are easier for first-time buyers to say "yes" to.
If you have any questions as you create your farm profile or products, we're here to help! Please email Matt LeRoux at mnl28@cornell.edu.