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
HPAI in Dairy Cattle ~ Spanish Webinar
May 17, 2024
Free Informational webinar for Spanish-speaking members of the dairy industry providing background and updates on the outbreak of Highly Pathogenic Avian Influenza or H5N1 virus in dairy cattle.
New York State Fiber Conference
June 9, 2024
Bouckville, NY
Theme for this year: Quality Matters
Announcements
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.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.