OGRAIN Compass: A tool to help farmers assess the financial impact of converting to organic producti
Thursday, November 14, 2019
2:00pm - 3:30pm
Planning for financial success on a grain farm requires understanding how various crop rotation and production decisions will influence financial returns. Those transitioning to organic may be especially unsure as they move into new realms of production and management. The new OGRAIN Compass is a planning tool to help producers understand the financial implications, at both the crop and whole-farm level, of their cropping decisions.
In this webinar OGRAIN Compass developers John Hendrickson of the University of Wisconsin Center for Integrated Agricultural Systems and Jim Munsch of Deer Run Farm will review the concept and function of this valuable new tool. They will show how it works to predict financial results on a given piece of land over a ten-year planning period. OGRAIN Compass yields detailed financial results for the totality of the operation, including the impacts of cropping decisions in a proposed rotation, the cost of equipment, provision for investments to make the enterprise financially sustainable, and the full burden of overhead expenses. Users can easily adjust yield and price scenarios to view how these uncertainties affect the bottom line.
Register in advance at https://oregonstate.zoom.us/webinar/register/WN_mFbBrUf3R46a8bJdkcvY6w
OEFFA: (614) 421-2022
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