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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

Defiance County | 419.231.0517 |  Mary Wilhelm   wilhelm.137@osu.edu

Location of Farms Participating in 2021 Farm Business Analysis

MAP

 

 

 

 

 

 

News

  1. 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.

  2. Dairy numbers considered, a look at 2019 and 2020

    Mar 11, 2021

    The first half of 2019 was miserable, but as cow numbers finally trended down, milk prices gained strength with Class III increasing steadily from $13.96 in January to $19.37 in December.  The industry looked forward to 2020 and a long-awaited opportunity to rebuild cash reserves.

  3. Farm Business Podcast

    Mar 28, 2019

    Curious as to what's involved in a Farm Business Analysis?  If so, check out our podcast HERE

more news