Farm Financial Fluency for Dairy Farmers - May 5, 6 and 8

The program will be delivered virtually over the course of three 2-hour sessions on Monday May 5 Tuesday May 6, and Thursday May 8, from 1:00-3:00pm ET. Zoom links for each day will be shared with you via email.

Other time zones include: 10:00am - 12:00pm PDT | 11:00am - 1:00pm MDT| 12:00-2:00pm CST and CDT| 1:00 - 3:00pm EDT | 2:00-4:00pm ADT | 2:30-4:30 NDT

Program Content

Program content will be customized to each production sector.

Through the Farm Financial Fluency training program, you will learn:

• Why financial reporting is important and to whom
• Key differences between types of financial reporting and who uses what
• Different farm business structures and their impact on financial reporting
• How to interpret your financial statements (balance sheet, income statement)
• Financial ratios and how to use them to analyze risk
• How to spot potential financial issues and opportunities
• Tools and resources available to manage financial risk

The Training Program ends with a production-specific in-depth case study to put the concepts into practice. Participants will come away with a greater knowledge of financial management, greater confidence in making financial decisions, and how to use the tools and resources available.

Program Delivery

The program will be delivered virtually over the course of three 2-hour sessions coupled with an optional follow-up session with a financial advisor for those seeking additional support. The three sessions will be spaced apart to allow time for reflection and practice between sessions.

Virtual sessions will also help accommodate producers who may be sensitive signing up for financial literacy training, as participants can remain anonymous.