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SD Center for Farm/Ranch Management

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The South Dakota Center for Farm/Ranch Management at Mitchell Technical Institute is dedicated to assisting agriculture producers in South Dakota to become better business managers. Our goal is to help you learn better methods of farm accounting, farm enterprise recordkeeping, compliance, marketing, decision making, goal setting, and to be flexible to work on any aspect of agriculture that you need. We will teach you how to build a recordkeeping system, work to build your technical skills, and practice methods to help you keep it all organized.


There are two levels of education offered through our Center:
 

Financial Foundations – Beginner Farmer and Rancher / FSA Borrower Training

This course is an overview of the topics necessary to successful in production agriculture.  It is designed for the Farmer/Rancher who has been farming/ranching less than 10 years or those who require Borrower Training for FSA loans.  The following topics are covered:

  • Goal Setting
  • Financial Statements And Ratios
  • Record Keeping Systems
  • Cash Flow Projections
  • Risk Management/Marketing
  • Crop and Livestock Production Trends
  • Income Tax Management
  • Business Structure/Estate Planning

Participants can choose an emphasis on livestock production, crop production, or both.  Participants have up to 12 months to complete the course.

Beginner Farmer & Rancher/FSA Borrower Training Brochure

Once registered for training, click here to log in and access curriculum. (The log in will be at the very top of the Web page.)

For more information, please email [email protected]


Level 2 – Farm/Ranch Business Management Program

Mitchell Technical Institute’s Farm Business Management program is unique because it is individualized. Most instruction is conducted one-on-one with the instructor and the farm operator participating at the farm site. The participants keep records of their own business, which are later analyzed and utilized to develop a comprehensive farm business plan. Participants receive cost comparison figures from across the state, which helps in determining factors that can improve profitability. Only during individualized instruction are business records discussed, unless otherwise volunteered. Benefits to the participants of the program include: complete records of past years to review when making management decisions; records needed for filing yearly tax reports; development of a record management system for use with bankers and lending agencies; an increased knowledge of the strengths and weaknesses of the business; the ability to determine the business’s exact financial progress in any one year; an ability to project profitability of individual enterprises; and development of a working understanding of cash flow, net worth, and profit and loss statements.

Farmer/Ranch Business Management Program Brochure

For more information, please email [email protected]
 

A Special Thank You to
Our Sponsors:



Veterinary Feed Directive (VFD) Educational Meeting – 9/23/2015 - click to view YouTube video


Resources
2015 SD Center for Farm/Ranch Management Annual Report
2014 SD Center for Farm/Ranch Management Annual Report
2013 SD Center for Farm/Ranch Management Annual Report
2013 SD Center for Farm/Ranch Management Annual Report Summary
FBM Input Prices 1993-2014
2013 Silage Calculator
Easy Farm Software Training (YouTube Video)

Crop Tool Kit
(Corn, Soybeans, Winter Wheat, Spring Wheat, Oats, and Alfalfa Hay. Access the individual crop tool kits by clicking on the tabs found at the bottom of the Excel file, once you have it open.)
2014 Crop Tool Kit
2013 Crop Tool Kit
2012 Crop Tool Kit

Livestock Tool Kit
(Beef Breeding, Beef Finishing, Beef Backgrounding, and Hog Finishing. Access the individual crop tool kits by clicking on the tabs found at the bottom of the Excel file, once you have it open.)
2014 Livestock Tool Kit
2013 Livestock Tool Kit
2012 Livestock Tool Kit


(You need Office 2010/Excel 2010 or newer to use these forms.

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