Welcome to AAE 320 – Farming Systems Management
Fall 2022
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Introduction
Course Overview
- Sep 7: PDF PowerPoint
- Syllabus 2022
Overview of Wisconsin Agriculture
- Sep 9: PDF PowerPoint
Sources and useful reports
- Wisconsin Agricultural Statistics Annual Reports (USDA NASS)
- Contribution of Agriculture to the Wisconsin Economy (Steve Deller, UW Extension)
- Economic Impact of Specialty Crops and Irrigated Agriculture in Wisconsin (Badger Common’Tater, pp 32-39)
- Wisconsin Agricultural Outlook Forum (Renk AgriBusiness Institute)
The US Food System
- Sep 12: PDF PowerPoint
- Assignment: Discussion #1
- Video
Sources and useful reports
- Overview of the U.S. Food System (Nesheim et al. 2015, Chapter 2)
- What the World Eats (National Geographic)
- Addressing Concentration in the Meat-Processing Industry (The Whitehouse)
- Food and Power: Addressing Monopolization in America’s Food System (Open Markets)
Production Economics
1. Partial Budget Analysis
- PDF PowerPoint
- Video
Partial Budget Examples
- PDF PowerPoint
- Video
- Think Break #1
- Problem Set #1 Problem Set #1 Key
2. Single Input Production Economics
- PDF PowerPoint
- Video Part 1
- Video Part 2
- Video Part 3
- Think Break #2
- Think Break #3
- Think Break #4
- Think Break #5
Single Input Production Examples
-
- PDF With Example Answers (updated)
3. Multiple Input Production Economics
- PDF PowerPoint
- Video Part 1
- Video Part 2
- Video Part 3
- Think Break #6
- Think Break #7
- Think Break #8
Multiple Input Production Examples
4. Economics of Cost in Farm Management
- PDF PowerPoint
- Video Part 1 (2020)
- Video Part 2 (2020)
- Video Part 3 (2020)
5. Inelasticity in Agriculture
- Video (2020)
6. Nitrogen and Agriculture
- Assignment: Discussion #2
- Class Discussion: PDF PowerPoint
Readings/Videos
- Ecosystems: Working with Farmers to Decrease Nitrogen Pollution (Environmental Defense Fund Video)
- A Brief History of Our Deadly Addiction to Nitrogen Fertilizer (Mother Jones Article)
- Nutrient Pollution: The Sources and Solutions: Agriculture (US EPA Short Article & Video)
- Advancing Producer-Led Watershed Protection Projects and Incentive Programs (WI DATCP Resource)
Additional Resource
- Preliminary Assessment of the Potential Economic Impacts of Proposed Changes to NR 151 for Agricultural Operations Presentation
- 2022 WI Ag Outlook Forum: Agriculture, Nitrogen, and Water Quality in Wisconsin
- See talks by Chris Kucharik, Matt Ruark, John Exo
- See talks by Mike Tiboris, Jeff Endres, Jeremie Pavelski
6. The More-On Principle
- PDF PowerPoint
- Video (2020)
EXAM #1
- Exam #1 Review: PDF
Farm Financial Topics
1. Farm Balance Sheet
- PDF PowerPoint
- Video Part 1
- Video Part 2
- Video Part 3
- Video Part 4
- Balance Sheet Examples
- PDF PowerPoint
Problem Set #4 Problem Set #4 Key
2. Uses of Balance Sheets
Financial Guidelines for Ag Producers: FFSC Main Page
3. Income Statements
- PDF PowerPoint
- Video Part 1
- Video Part 2
- Video Part 3
Income Sheet Materials:
Problem Set # 5
-
- Problem Set #5 (Word Doc)
- Problem Set #5 (Excel Sheet)
- Problem Set #5 Key (pdf)
Taxes, Business Arrangements, and Farm Transfer
1. Taxes: A Farmer’s Perspective
-
- PDF PowerPoint
- Video
- Combined US Tax Forms
- Video
2. Tax Considerations for Farm Transfer
-
- PDF PowerPoint
- Reading
- Video
3. Business Arrangement Alternatives
- Additional Materials
PROBLEM SET # 6
4. Farm Size and Income
Let’s Talk About It! Dairy Farming in Wisconsin
- 5 Reasons Dairy Farms are Getting Bigger (Dairy Carrie Blog 5/2014)
- Kinnard Farms Dairy Tour (You Tube 12/2016)
- Wisconsin Dairy Farmers are Struggling to Stay Afloat (PBS News Hour 7/2019)
- Couple Diversify Dairy Farm to Add Next Generation (WI Agriculturalist 9/2020)
- Discussion Assignment #3 (Complete and Submit via Canvas)
EXAM #2
Abridged Extension Talk: Current Farm Finance Issues PDF PowerPoint
US Agricultural Support Programs
Introduction to Federal Support of US Agriculture
Farm Bill Crop Support Programs: A Farmer Perspective
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- Part 1 (ARC and PLC): PDF PowerPoint
- Part 2 (MAL, DMC, MFP, CFAP): PDF PowerPoint
- My Extension ARC and PLC Web page (Resources Page)
- Program on Dairy Markets and Policy (Resources on DMC and other Dairy Programs)
PROBLEM SET # 7
Crop Insurance
PROBLEM SET # 8
Example Extension Talk
Final Exam Review
Final Exam
- 2022 Final Exam 2022 Final Exam Key
- 2021 Final Exam 2021 Final Exam Key
- 2020 Final Exam 2020 Final Exam Key
- 2019 Final Exam 2019 Final Exam Key
- 2018 Final Exam 2018 Final Exam Key
- 2016 Final Exam 2016 Final Exam Key
INTERESTING MATERIAL FROM PREVIOUS YEARS
Agricultural Sustainability
Let’s Talk: Land Access
- Structural Racism in the U.S. Food and Agricultural System (AgDaily)
- Plowshares and Prison Bars (La Crosse Independent)
- Justice for Black Farmers Act (Successful Farming)
- Farm Service Agency Loans (NYFC video using their tool)
Resources to Skim
- USDA FSA Farm Loan Programs
- National Young Farmers Coalition: Finding Farmland Calculator
- Driftless Young Farmers Coalition (Local NYFC Chapter)
- USDA-FSA Heirs’ Property Landowners
Apprenticeship Programs in the News
Think Breaks (Aggregated) [EMPTY]
Problem Sets (Aggregated) [EMPTY]
- Problem Set 1 Problem Set 1 Key
- Problem Set 2 Problem Set 2 Key
- Problem Set 3 Problem Set 3 Key
- Problem Set 4 Problem Set 4 Key
- Problem Set 5 Problem Set 5 Key Problem Set #5 Spreadsheet
- Problem Set 6 Problem Set 6 Key
- Problem Set 7 Problem Set #7 Key
- Problem Set 8 Problem Set 8 Key
Exam Materials (Aggregated) [EMPTY]
EXAM #1
Farm News Links
Farm Terminology Links
- Agriculture Glossary (From England, so a little quirky)
- Farm Machinery (Wikipedia)
- Agricultural Measurements and Conversions (Iowa State Extension)