income statement written in light blue (hand in picture)

Understanding Profitability Using the Balance Sheet and Income Statement

Profitability is the difference between the value of the goods produced by the farm business and the associated costs for producing them.  In the Financial Management Factsheet Understanding Profitability Using the Balance Sheet and Income Statement,  UW-Extension Taylor County Agriculture Educator Sandy Stuttgen  and UW-River Falls/UW-Extension Farm Business Specialist Simon Jette-Nantel shares how the balance sheet and […]

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2018 June Dairy Situation & Outlook

Professor Bob Cropp’s 2018 June Dairy Situation & Outlook  full report is now available for download at UW Understanding Dairy Markets.  The following is an excerpt from the report… ….But, the market appears to be negatively reacting to U.S. decision to place tariffs on Mexico steel and aluminum and tariffs on a number of China goods and products. In […]

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stack of twenty dollar bills

Understanding the Farm Income Statement-Part 2: Accrual Adjustments and Interpretation

Accrual adjustments are made on the income statement to better reflect earned profitability performance of the farm business. In the Financial Management Factsheet Understanding the Farm Income Statement-Part 2:  Accrual Adjustments and Interpretation,  UW-Extension Taylor County Agriculture Educator Sandy Stuttgen discusses how accrual adjustments are made in the income statement and what the income statement calculations reveal. Understanding […]

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income statement written in light blue (hand in picture)

Understanding the Farm Income Statement-Part 1

Understanding the Farm Income Statement-Part 1The income statement is a report of the farm business’ financial performance during a given time frame.  In the Financial Management Factsheet Understanding the Farm Income Statement-Part 1,  UW-Extension Taylor County Agriculture Educator Sandy Stuttgen discusses what is the concept and structure of the income statement. Understanding the Farm Income Statement-Part 1 is […]

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Dairy MPP Information Meeting-May 10

Two informational meetings will be held in Jackson and Trempealeau Counties Thursday May 10th to cover specifics of the USDA Dairy Margin Protection Program.  The meetings will be held at the Jackson Electric Coop N6868 County Road F, Black River Falls from 10:00 – 11:30 a.m. and at the Centerville Curling Club W24854 Hwy 54 […]

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