Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   

Agricultural News


Oklahoma Producers and OSU Extension Teaming up to Enhance farm Financial Programming

Tue, 13 Oct 2020 08:48:15 CDT

Oklahoma Producers and OSU Extension Teaming up to Enhance farm Financial Programming Oklahoma agricultural producers interested in getting help with their farm financial plans have an opportunity to increase support for such activities by working with Oklahoma State University Extension.

Farm financial specialists with the OSU Department of Agricultural Economics and OSU Extension field staff economists recently received grant funds through the University of Minnesota to begin doing farm financial plans that will ultimately become part of the benchmarking database FINBIN.

FINBIN is one of the largest and most accessible sources of farm financial and production benchmark information in the world, providing detailed reports about whole farm, crop and livestock financials.

“For this pilot program, we are working to recruit farmers and ranchers and help them complete beginning balance sheets,” said Courtney Bir, OSU Extension agricultural economist. “If we demonstrate there is enough interest, we then can complete full financial plans and contribute to FINBIN, which should be very useful to Oklahoma producers.”

Beginning balance sheets are a great start to the program because they are also useful for farmers and ranchers as they try to secure loans, Bir said. Additionally, many support programs require beginning balance sheets.

For more information or to take part in the farm financial support program, contact Bir by email at courtney.bir@okstate.edu or by phone at 405-744-9813.

“Benchmark data is extremely important in that it allows producers not only to identify specific areas of concern in their operation but to get an idea how they are doing compared to other producers in the state,” said JJ Jones, OSU Extension area agricultural economist for southeastern Oklahoma.

OSU Extension is one of two state agencies administered by the university’s Division of Agricultural Sciences and Natural Resources and is a key part of OSU’s state and federally mandated teaching, research and Extension land-grant mission.

(Photo by Todd Johnson, OSU Agricultural Communications Services)


   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Over $750K Allocated to Secure Land Tenure for a New Generation of Farmers and Ranchers   Thu, 22 Oct 2020 09:32:55 CDT
  • Ryder Klaassen of Hydro-Eakly FFA Named Grand Champion at 2020 Oklahoma Junior Wheat Show-- Logan Chance named 4-H Champion  Thu, 22 Oct 2020 09:26:33 CDT
  • National FFA Convention Kicks Off Virtually Tuesday October 27th  Thu, 22 Oct 2020 09:07:48 CDT
  • Dismal Wheat Pasture Prospects Weighing on The Feeder Cattle Market, Says OSU's Derrell Peel  Thu, 22 Oct 2020 08:25:12 CDT
  • Thursday Preopening Market Update with Dave Lanning  Thu, 22 Oct 2020 07:27:13 CDT
  • Feeder Steers Lower, Feeder Heifers Lower, Steer Calves Lower, Heifer Calves Lower at OKC West - El Reno  Thu, 22 Oct 2020 05:29:11 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m Wednesday, October 21  Wed, 21 Oct 2020 15:57:26 CDT
  • Wednesday, October 21, 2020 Market Wrap-Up with Justin Lewis  Wed, 21 Oct 2020 14:58:12 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.