Basic Farm Finance Training by Cornell Cooperative Extension

News from Northern New York Regional Agriculture Initiative of Cornell
Cooperative Extension

PRESS RELEASE: November 19, 2012

Contact: Anita Deming, CCE Essex, 518-962-4810 x409; Anita Figueras, CCE St.
Lawrence, 315-379-9192; Peggy Murray, CCE Lewis, 315-376-5270

Basic Farm Finance Training Offered in Burrville, Canton, Malone, Plattsburgh,
and Westport; pre-register by Dec. 3, 10

The Cornell Cooperative Extension (CCE) associations of Northern New York are
offering a basic financial management training for farm business owners and managers.
Educators will cover the three basic financial statements every farm business should
use, recordkeeping systems, inventory management, cash flow vs. profitability, crop
insurance and risk management.

The 1pm-3 pm course qualifies for FSA Borrower Training Credits. Cost is
$10/class/farm or $25 for series of three classes.

This class is for beginning farmers and farmers who want to know more about basic
bookkeeping, and such tools as profitability measures, accrual accounting, and
depreciation. The small classroom setting allows for lots of questions and one-on-one
help from instructors.

Instructors Peggy Murray and Anita Figueras say at the end of the course participants
will be able to track income, expenses and inventory in the form of a farm business
summary and have a good start on a plan for improving farm profitability in 2013.
The Managing with Finance training will be offered in:

Plattsburgh: December 10, January 7 and January 21; CCE Clinton County office,
6064 NYS Rte 22. Pre-register by Dec. 3 with CCE Clinton County, 518-561-7450.

Malone: December 11, January 8 and January 22; Franklin County USDA Service
Center, 151 Finney Boulevard. Pre-register by Dec. 3 with CCE Franklin County, 518-
483-7403.

Burrville: December 12, January 9 and January 22; Farm Credit East, 25417 NY Route
12. Pre-register by Dec. 10 with CCE Lewis County, 315-376-5270.

Canton: December 12, January 9 and January 23; CCE St. Lawrence County
Extension Farm Learning Classroom, 2043B St. Hwy. 68. Pre-register by Dec. 10 with
CCE St. Lawrence County, 315-379-9192.

Westport: December 14, January 10 and January 24; CCE Essex County office, 3
Sisco Street. Pre-register by Dec. 10 with CCE Essex County, 518-962-4810 x0.

Cornell Cooperative Extension provides equal program and employment opportunities.
Learn more about Extension in Northern New York at www.ccenny.com. -30-