In today’s challenging farm economy, it is essential to understand farm finances. How well the farm finances are managed significantly impacts both the profitability of the farm business and the well-being of the farm family. More than half (53.2 percent) of Iowa farms have one or more women producers. Across Iowa, these women and their partners manage 45,786 farms with more than 14 million acres of land. They annually market nearly $13 billion in livestock and crops which cost more than $10 billion to produce, according to the 2017 USDA Census of Agriculture.
Women Managing Farm Finances incorporates interactive learning while allowing time for discussion. Sessions covered will address financial documentation, cash flow requirements and accounting needs. Class participants will learn how to assess the financial performance of their farm business. At the end of four weeks they will know more about farm financial statements, cash flow projections, financial performance and farm accounting.
The course is being offered at the Henry County Extension Office in Mt. Pleasant from 6:00-9:00pm on April 1, 8, 15 and 22. A meal will be provided prior to each class starting at 5:30pm. Online registration is required by March 25. To learn more or to register, visit the website, http://www.aep.iastate.edu/womeninag/2021/mtpleasant. For additional questions contact Charles Brown, ISU Extension and Outreach Farm Management Specialist, at crbrown@iastate.edu or 641-673-5841, or the Henry County Extension Office at 319-385-8126.