Heart of the Farm Green Fields Financial Management 101 Challenge to… nate Splett Associate Dean,...
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Heart of the Farm Green Fields Financial Management 101 Challenge to… nate Splett Associate Dean, CAFES and Professor, Dept of Ag Economics UW-River Falls Jenny Vanderlin, Assistant Director Center for Dairy Profitability UW-Madison/Extension
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Transcript of Heart of the Farm Green Fields Financial Management 101 Challenge to… nate Splett Associate Dean,...
Heart of the Farm Green Fields
Financial Management 101Challenge to…
nate SplettAssociate Dean, CAFES and Professor, Dept of Ag EconomicsUW-River Falls
Jenny Vanderlin, Assistant DirectorCenter for Dairy ProfitabilityUW-Madison/Extension
Purpose…to extend financial management into the everyday fabric of farm life for Wisconsin’s Heart of the Farm Women. …Because they asked for it.
Funding Source USDA – North Central Regional Risk Management Education Center (NCRMEC), Agricultural Risk Management Education Competitive Grants Program, and the Center for Dairy Profitability
Heart of the Farm Green Fields
Audience Wisconsin women in agriculture. Largest
participation age 35-44, followed by 45-54
Structure Spin-off from Heart of the Farm-Women in
Agriculture One Day Conferences Started out as a one-day conference 3-hour session
Heart of the Farm Green Fields
Fabric of Farm Life
FinancialCORE
-Information-Analysis
-Management
Heart of the Farm – Green FieldsTheme(s)
To study core financial information, financial analysis and financial management
To incorporate farm financial information into the fabric of farm life
Photo Album Financial Statements Scrapbook Personal Journal
Heart of the Farm Green Fields
Food, Fiberand Fuel
Sustainability
Fabric of Farm Life
FinancialCORE
-Information-Analysis
-Management
Have a conversation about energy and sustainability, and how to incorporate them into financial information
Agenda Introduction and Goals Academic Lecture: content and context Participation: exercise constructing financial
statements, and develop analysis of financial position/performance
Conversation: energy and sustainability Participation: puzzle solution to financial
statements, analysis of financial position/performance
Heart of the Farm Green Fields
3 hour session worked MUCH better Comments:
“Enjoyed exploring farm history and incorporating farm finances into the “fabric of farm life.””
“…good, casual, informal way of relating financial information while teaching them…”
Heart of the Farm Green Fields – Evaluation
Annie’s Project Dairy Added Value/Direct Marketing (same format,
exercise modeled on vegetable operations)
Hmong Community
Heart of the Farm Green Fields - Spinoffs
Heart of the Farm Green Fields
Financial Management 101Challenge to…
nate SplettAssociate Dean, CAFES and Professor, Dept of Ag EconomicsUW-River [email protected]
Jenny Vanderlin, Assistant DirectorCenter for Dairy ProfitabilityUW-Madison/[email protected]
