SDSU Extension hosts Ag CEO FSA Borrower Training August 5 in Rapid City

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Farm Forum

BROOKINGS — SDSU Extension will host Ag CEO FSA Borrower Training Aug. 5, 2014 in Rapid City.

Ag CEO FSA Borrower Training is a five week program consisting of producers meeting once a week for three hours. Producers who complete all of this training will meet their requirements for FSA borrower status.

The educational program is designed to teach farmers and ranchers, especially those who are just beginning in the industry, to use a systems approach to farm business planning.

“With rapid changes occurring in agriculture, there is a need for producers to improve record keeping and be financially knowledgeable in operating their farms and ranches,” said Shannon Sand, SDSU Extension Livestock Business Management Field Specialist.

Strategic planning, calculating breakeven costs, developing budgets and creating benchmarks to analyze short and long-term financial performance, along with progress toward production goals, are the main focuses of Ag CEO – and are key business principles for establishing a profitable and sustainable operation, noted Sand.

The dates of the program are Aug. 5, Aug. 12, Aug. 19, Aug. 26, and Sept. 2. The meetings will be held at the SDSU Extension Regional Center in Rapid City, 1530 Samco Road, Rapid City, SD 57702.

For more information and to register for the program, visit www.iGrow.org or contact Shannon Sand, 605-394-1722 or Shannon.sand@sdstate.edu or Heather Gessner, 605-782-3290 or heather.gessner@sdstate.edu.