| PROJECT SUMMARY |
Budgets are an integral part of planning and risk analysis for agricultural production systems. Agricultural producers, business managers, lending institutions, state/federal service providers, agricultural support industries, educators, extension specialists, and legal advisors are all interested in the cost estimates and resource needs outlined in budgets. Additionally, demands for specialty enterprise budgets are increasing. This project builds on the synergies of 6 land-grant universities to standardize methodologies and coordinate the expertise of the institutions’ agricultural economists and horticulturalists. The project will expand on efforts to develop a comprehensive set of enterprise budgets by developing a separate publication specifically for fruit and nut production. The fruit and nut publication will be used to compliment vegetable budgets currently being developed. This project provides resources to an underserved audience in the midst of budgetary crises and reduced FTE’s at land-grant universities.
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| NUMBER OF PARTICIPANTS: 200 |
| TOPICS COVERED |
| Product and enterprise diversification |
| Market analysis and outlook |
| Marketing strategies, plans and clubs |
| Financial records, analysis, and bench-marking |
| Understanding of economic risks associated with new production technologies |
| Business and strategic planning |
