Farm management tools and information

Analysis:

Accounting 102:  

Accounting 101:

Other Resources:

Operator's acceptable price and rent worksheets

The operator's cash rent worksheet is useful for farmers to calculate what cash rent they can afford. The worksheet was created by David Bau, an Extension educator in Agricultural Business Management. The current worksheet and more information on rental rates in Minnesota are available on the UMN Extension Farmland Rental Rates and Land Economics webpage.

University of Minnesota Resources

News

Extension of Tax Filing Deadline for 2020 Individual Returns

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March 21, 2021

By C. Robert Holcomb, E.A., Extension Educator, Agricultural Business Management, University of Minnesota Extension 

On March 17, 2021, The Treasury Department and Internal Revenue Service (IRS) announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.  IRS will provide additional guidance in the coming days...

ARC or PLC?

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Congress approves a new Farm Bill every five years. After a new Farm Bill is released, the Extension Ag Business Management (ABM) team hosts informational meetings around the state to educate farmers about key changes in the law...

Agriculture Risk Coverage and Price Loss Coverage Webinar: 2021 Decision

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The U.S. Department of 

Agriculture’s (USDA) Farm Service Agency (FSA) in Minnesota is holding a public Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) webinar with the University of Minnesota Extension at 2 p.m. on Jan. 12, 2021. Farmers and others involved in agriculture will have an opportunity to learn more about the ARC/PLC programs and factors to consider when making elections for the 2021 crop year. Register now.

UMN Extension, NDSU Extension to offer Farm Safety Webinar Series

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Farm Safety Webinar Series

ROCHESTER, Minn. — University of Minnesota Extension is excited to be partnering with North Dakota State University Extension to offer a series of farm safety webinars this winter. Each of us has been impacted in some way by an accident, injury, or fatality that has occurred on the farm. These events are devastating to communities and impact the livelihoods of those we know and love dearly. The purpose of these webinars is to empower communities and individuals to prioritize safety on the farm. The webinar series will be January-March on Thursdays at 11:00am. Each webinar will last one hour.