Financial benchmarking to be focus of meeting
Financial benchmarking and how farmers can use it will be a focus of the annual conference of the Farm Financial Standards Council. The event has been set for July 30-August 1 at the Crowne Plaza Minneapolis Airport.
How farmers and financial advisors are using benchmarking and its pros and cons will be a major part of the conference discussion, says Jim Kelm, Kelm Management, Red Wing, Minn., chairman of the planning group.
“We will take a hard look at how benchmarking can help farmers improve the financial performance of their businesses,” he explained. The meeting is definitely not for farmers only as it will give insight to those who can help farmers.
Also on the agenda will be discussion on methods for accounting for hedging as well as discussion on updating recommendations for the Financial Guidelines for Agriculture.
“The meeting will be open to any and all who are interested in farm financial recordkeeping,” Kelm explained.
A complete agenda and registration information is available at www.ffsc.org.
- Scout for aphids in winter wheat
- El Niño development stalled out, but wet winter still predicted
- Ag markets posted divergent closes Wednesday
- Farm bill program to help farmers affected by severe weather
- Israel panel proposes 25-42% tax hike on mining companies
- Ag markets moved almost unanimously higher Wednesday morning
- How much corn can the ethanol industry use?
- Economist: Taxing P could reduce risk of algal blooms
- Commentary: Government wants farmers to quit farming
- Source shows half of GMO research is independent
- Ag markets made a generally mixed showing Thursday night
- What is the relationship between maturity group, yield?