FinPack | AgManager.info

Contact Info:

Robin Reid: 785.532.0964; robinreid@ksu.edu
Duane Hund: 785.532.8601; dhund@ksu.edu
Kevin Herbel: 785.532.8706; kherbel@ksu.edu

Sections

FinPack

Training Resources

Title	Downloads
Center for Farm Financial Management (CFFM) Website CFFM Website at University of Minnesota.	View
CFFM Training Page CFFM training page.	View
K-State Agricultural Economics Webinars 1. Detailed Balance Sheets (October 30th) 2. Budgets (November 6th) 3. Long-Range Planning-FINLRB (November 13th) 4. Monthly Cash Flow Plan-FINFLO (November 20th)	1. View (39.14 MB) 2. View (38.76 MB) 3. View (43.04 MB) 4. View (60.09 MB)

Resources for Working with Producers

Section 1: Program and Procedures

Title	Date	Downloads
1.1 Acknowledgements and Program Description	September 4, 2017	PDF (58.52 KB)
1.2 Tips for Working With a Farm Family	September 4, 2017	PDF (67.89 KB)
1.3 Getting Started and Making the Initial Farm Visit	September 4, 2017	PDF (65.85 KB)
1.4 KSU Farm Analyst Fee Structure	September 4, 2017	PDF (100.24 KB)
1.5 KAMS Case Invoice Form for Farm Analyst Reimbursement	September 4, 2017	PDF (80.89 KB)
1.6 Farm Analyst's Role in KAMS Mediation Process	September 3, 2017	Word Document (17.29 KB)

Section 2: Gathering Financial Information

Title	Date	Downloads
2.1 KAMS Case Cover Letter and Request for Visit Forms	September 4, 2017	KAMS Case Cover Letter and Request for Visit Forms in Word (35.89 KB)
2.2 Regular Farm Analyst Cover Letter and Request for Visit Forms	September 4, 2017	Regular Farm Analyst Cover Letter and Request for Visit Forms in Word (20.01 KB)
2.3 Input Sheets	September 4, 2017	Input Sheets in Word (50.31 KB)

Section 3: Developing a Balance Sheet

Title	Author	Date	Downloads
Balance Sheet: A Financial Management Tool	Herbel Reid Langemeier	December 18, 2017	Blank Balance Sheet (82.31 KB) Excel Spreadsheet (277.94 KB) Balance Sheet Publication
3.1 Helpful Websites		September 4, 2017	FSA Farm & Ranch Planning Guide–ag prices for upcoming year. (Look under Loan Interest Rates and Planning Guide) Kansas Land Values – County Estimates based on work by Dr. Mykel Taylor and the Kansas PVD Kansas Hay Market Report- Current prices on hay types across the state
3.2 Rules of Thumb		September 4, 2017	Rules of Thumb in Word (13.63 KB)

Section 4: Enterprise Budgeting

Title	Date	Downloads
4.1 Helpful Websites	September 4, 2017	K-State Farm Management Guides- sample budgets for crop and livestock enterprises Kansas Farm Management Association Enterprise Reports- yearly financial summaries by enterprise Custom Rates for Kansas – Survey for equipment rates
4.2 Enterprise Budgeting Rules of Thumb	September 4, 2017	Budgeting Rules of Thumb in Word (14.27 KB)

Section 5: Long-Range Planning (FINLRB)

Title	Author	Date	Downloads
Income Statement: A Financial Management Tool	Herbel Reid Langemeier	December 18, 2017	Blank Income Statement (94.69 KB) Excel Spreadsheet (277.94 KB) Income Statement Publication
5.1 Helpful Websites Including Lease Publications		September 4, 2017	1. K-State and USDA County Level Land Rental Rates (also has some local survey information) 2. Building Lease Rate Survey 3. Rental Arrangement Publications and Example Lease Forms (Cropland Cash, Share-Rent, Pasture, Beef Cow) 4. Fixed and Flexible Cash Rental Arrangements for Your Farm -- Bulletin and Lease Form 5. Crop Share Rental Arrangements for Your Farm -- Bulletin and Lease Form 6. Beef Cow Rental Arrangements for Your Farm -- Bulletin and Lease Form 7. Pasture Rental Arrangements for Your Farm -- Bulletin and Lease Form 8. Rental Agreements for Farm Buildings and Livestock Facilities -- Bulletin and Lease Form
5.2 Long-Range Planning Rules of Thumb		September 4, 2017	Long Range Planning Rules of Thumb in Word (15.23 KB)
5.3a Schedule F Example		September 4, 2017	Schedule F Example - PDF (737.27 KB)
5.3b 3-Year Summary Table		September 4, 2017	Excel Spreadsheet (13.71 KB)
5.4 Estimating Family Living Expenses		September 4, 2017	Estimating Family Living Expenses in Word (13.2 KB)
5.5 Tax Resources		September 3, 2017	Kevin's Tax Implications Presentation from FINPACK training (387.84 KB) Income Tax Aspects and Consequences of Financial Distress Transactions-Article Income Tax Aspects and Consequences of Financial Distress Transactions-Powerpoint
5.6 Social Security/Medicare Resources		September 3, 2017	PDF (1.4 MB)

Section 6: Cash Flow Planning (FINFLO)

Title	Author	Date	Downloads
Cash Flow Projection for Operating Loan Determination	Herbel Reid Langemeier	December 18, 2017	Blank Hand Fill-in Cash Flow (90.36 KB) Excel Spreadsheet (741.23 KB) Cash Flow Publication
6.1 Rules of Thumb		September 4, 2017	Cash Flow Rules of Thumb in Word (13.04 KB)

Section 7: Interpreting Financial Statement Results

Title	Author	Date	Downloads
Financial Benchmarking Tool A tool to assess a farm's financial position relative to other similar farms in the same region.	Herbel Reid Dikeman	September 17, 2024	PDF Instructions (390.03 KB) Spreadsheet Tool (2.32 MB)
Financial Ratios Used in Financial Management	Herbel Reid Langemeier	December 18, 2017	Excel Spreadsheet (280.83 KB) PDF Publication
7.1 Farm Financial Scorecard		September 4, 2017	PDF (368.49 KB)
7.2 FINPACK Financial Explanations and Calculations		September 4, 2017	FINPACK Financial Explanations and Calculations in Word (81.02 KB)

Section 8: Miscellaneous Information

Title	Date	Downloads
8.1 FINPACK Training Websites and Phone Numbers	September 4, 2017	FINPACK Training Websites and Phone Numbers in Word (12.59 KB)
8.2 Letter For Extension Boards	September 4, 2017	Letter For Extension Boards in Word (47.72 KB)
8.3 Farm Analyst Brochure	September 4, 2017	PDF (152.08 KB)
8.4 Kansas Ag Mediation Services Brochure	September 4, 2017	PDF (1.28 MB)
8.5 Kansas Farm Management Association Brochure	September 4, 2017	PDF (3.4 MB)