How Profitable will My New Orchard Investment Be? Evaluating Capital Investment Decisions in a Farm Business
The purpose of this on-line course is to help you learn to make informed investment decisions for your farm. The focus is on investment decisions that have long-term implications for your business. The course uses an apple farm, Smith Orchard, as an example, but the skills taught in this class are appropriate for any farm business. In this course you will learn to:
- Identify possible investment opportunities for your farm.
- Use your financial statements, farm financial information, and other data to evaluate your farm's performance and to help prioritize investment options.
- Develop an enterprise budget and use your enterprise budgets and partial budget analysis to evaluate the risk and profitability of potential investments.
- Use cost-benefit analysis tools that consider the time value of money to help you choose among investment options.
The course is held over 2 weeks and the primary mode of instruction will be online using Moodle. You will have access to instructional videos, written instructions, sample financial information and practice scenarios and on-line forums for discussion. This work can be done at a time and location that is convenient to you. Each week will end with a 1.5 hour Zoom session on Thursday from 3:00-4:30, where we will go over key concepts and answer any questions you may have. The Zoom sessions will be recorded if you are unable to attend.
Event Details
Date
February 29, 2024
Time
3:00-4:30
Location
Zoom
Cost
Registration : $25.00
Host
Eastern New York Commercial HorticultureWeek 1 of the course (February 23-Feb 29)
In week 1 you will learn:
- How and why to use a structured process to make investment decisions.
- Identifying the problem to be addressed, generating possible solutions and identifying what information you need to acquire.
- Gathering data and using farm financial statements and farm financial ratios to help make decisions.
You will have access to videos and resources to learn and practice using the concepts covered. In the zoom session we will consider scenarios and go over questions you may have.
Event Details
Date
March 7, 2024
Time
3:00-4:30
Location
Zoom
Host
Eastern New York Commercial HorticultureWeek 2 (March 1 - March 7)
In Week 2 you will learn
- How to develop an enterprise budget and use your enterprise budgets and partial budget analysis to evaluate the risk and profitability of potential investments.
- How to use cost-benefit analysis tools that consider the time value of money to help you choose among investment options.
Like week 1 you will have access to videos and resources to learn and practice using the concepts covered. In the zoom session on Thursday we will consider scenarios and go over questions you may have.
Apples
Apricots
Asparagus
Beets
Blueberries
Broccoli
Brussels Sprouts
Cabbage
Carrots
Cauliflower
Cherries
Cucumbers
Dry Beans
Eggplant
Ethnic Vegetables
Garlic
Grapes
Horseradish
Kohlrabi
Leeks
Lettuce / Leafy Greens
Melons
Nectarines
Onions
Parsnips
Peaches
Pears
Peas
Peppers
Plums
Potatoes
Pumpkins / Gourds
Radishes
Raspberries / Blackberries
Rhubarb
Rutabaga
Snap Beans
Squash - Summer
Squash- Winter
Strawberries
Sweet Corn
Sweet Potatoes
Tomatoes
Turnips
Upcoming Events
ENY Orchard Soil Health and Beneficial Fungi Meeting
August 15, 2024 : ENY Orchard Soil Health and Beneficial Fungi Meeting
Peru, NY
Join the members of CCE ENYCHP and the Cornell Soil Health Program for a field meeting on the basics of soil health, the potential benefits of mycorrhizal fungi, and an update on the current project status of our SARE grant on orchard mycorrhizal products.
This meeting is intended for farmworkers, young and beginning orchardists, and experienced orchard managers wanting to learn about the basics of soil health and mycorrhizal fungi within the orchard.
North Point Community Farm Twilight Meeting
August 19, 2024 : North Point Community Farm Twilight Meeting
Plattsburgh, NY
North Point Community Farm Twilight Meeting
Monday, August 19th 4-7 pm (rain or shine)
2172 Military Turnpike, Plattsburgh, NY 12901
$10 per farm
Join us for a tour of North Point Community Farm, a diversified vegetable, berry, and flower operation in the North Country. Farmers Marisa and Mike will give us an overview of their decision-making as they expand their business, increasing their high tunnel production, investing in new tillage equipment, and transforming an old dairy barn into an efficient wash-pack shed with food safety in mind. We'll end the evening with local food refreshments and an opportunity to network with growers from NY and VT.
DEC credits: 1.5 credits in categories 1A, 10, 23
Late Summer Orchard Meeting
August 21, 2024
Fonda, NY
Join us for our last get together of the summer before we're in the thick of harvest. At this meeting, we will tour Sand Flats Orchard with manager Mitch Hoffman, and we will then discuss late season pest management tasks with our experts from the HVRL and Cornell AgriTech.
DEC Credits: 1.5 credits in categories 1A, 10, and 22.