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These files cover more than ten years of newsletters posted on our old website
(through April/May 2009), and are provided for historical purposes only.
As such, they may contain out-of-date references and broken links.
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The Management Calendar
Farm Business Management Update, August 2002
By Gordon Groover
Farm business managers should consider putting the following activities on their management calendar for August-September.
- Be sure to get your crop records in shape as harvest time approaches, include yields, machine times and equipment used, identify weed problems, and differences in hybrids.
- Pay close attention to cash flow needs as drought and low commodity prices effect returns this fall.
- Be in contact with your local FSA office to make sure you get timely information about new provisions of the 2002 Farm Bill. Livestock and dairy producers should pay close attention to changes in many of the programs.
- There is never a bad time to consider retirement planning, the sooner the better. Purdue and USDA have developed an excellent retirement planning tool on the Internet. It can be found at www.ces.purdue.edu/farmretirement. The resource was created with funding provided by the U.S. Department of Agriculture Cooperative State Research, Education and Extension Service. The Internet site is specific to farm families because of the unique options they encounter in planning for retirement. All farm families should visit this site.
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Virginia Cooperative Extension