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Welcome to Farm Profitability! 

By working with the Ohio Farm Benchmarking Program, we will complete a financial analysis of your farming operation.  This analysis will help you understand where your areas of profitability are in the business.  We will give you tools to understand the numbers behind your analysis, and will show you how to use them to further your success.  Finally, you will be able to compare your farm business to similar businesses across Ohio to see how you stack up to the competition.  

FINAN Registration Forms: CLICK HERE

  • Financial Analysis (FINAN) analyzes your farm business through the use of balance sheets, income statements and enterprise analysis.

FINLRB Registration Forms: CLICK HERE  

  • Financial Long Range Budget Planning (FINLRB) helps to evaluate and explore projections to make responsible financial choices regarding future management options of your farm.

 

Now is the perfect time to start farm business analysis.  For more information, contact a Technician near you:

Mahoning County | 330.581.1420 |  Christina Pfaff   pfaff.58@osu.edu

Location of Farms Participating in 2022 Farm Business Analysis

 

2022 Participating Farms

 

 

 

 

News

  1. Beef with a Business Mindset

    May 30, 2024

    To view the original Farm Progress article, click HERE

    Beef with a business mindset

    Beef Brief: One of the tools used by beef herd managers is called FinPack, a financial analysis software service.

    May 29, 2024

  2. Ohio Crop Production and Enterprise Benchmarking for 2022

    Feb 5, 2024

    Ohio Crop Production and Enterprise Benchmarking for 2022

    Link to article: https://aede.osu.edu/sites/aede/files/publication_files/OhioFarmBenchmarking2024.pdf 

  3. Corn Silage, it's what's for dinner - at what cost?

    Mar 11, 2021

    Feed costs are the largest single expense item  for dairy farms.  Old news.  After years of skimpy margins, feed costs have been reviewed, adjusted, and reviewed again.  Rising grain prices launch the cycle all over again.

    Forages are the foundation of the dairy cow’s diet and are the most likely feed to be home-raised.  As a corn-belt state, corn silage is included in most rations for Ohio’s dairy cows.

more news