Victor E. Cabrera & Jenny Vanderlin.  Online tool of Wisconsin financial data for the years 2000-2008 representing 500+ producer records  Needed WI.

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Presentation transcript:

Victor E. Cabrera & Jenny Vanderlin

 Online tool of Wisconsin financial data for the years representing 500+ producer records  Needed WI tool to be used in Annie’s Project Curriculum. Modeled after FAST suite of tools from IL  Funding Source USDA – North Central Regional Risk Management Education Center (NCRMEC), Agricultural Risk Management Education Competitive Grants Program, and the Center for Dairy Profitability

 Allows producers to benchmark their financial status against their peers and industry. How do I compare? Measure Financial Position & Performance Monitor Farm Financial Health

 “Sweet-15” financial analysis measures  Benchmarking with +500 Wisconsin farms  Cluster analysis  Year  Herd size: 50, 100, 150, 300, >300  Income/cow: $4,000, $4,500, $5,000, >$5,500  Milk/cow: 16,000, 19,000, 22,000, >25,000  DuPont analysis  ROROA = ATO * OPM Wisconsin Dairy Ratio Benchmarking Tool - Criteria

Wisconsin Dairy Farm Ratio Benchmarking Tool

Ratios and Measures: Financial Position (one point in time) 1.Liquidity 2.Solvency Financial Performance (over period of time) 3.Profitability 4.Repayment Capacity 5.Financial Efficiency Financial Indicators

Wisconsin Dairy Ratio Benchmarking Tool – Tabs

Wisconsin Dairy Farm Ratio Benchmarking Tool Industry Minimum Recommended Level Industry Better Recommended Level Distribution for Wisconsin Industry Specific Farm Ratio

= * Wisconsin Dairy Ratio Benchmarking Tool – Dupont Analysis

Wisconsin Dairy Farm Ratio Benchmarking Tool Summary

Wisconsin Dairy Ratio Benchmarking Tool Online video available Questions: Victor Cabrera, Dept. of Dairy Science, Jenny Vanderlin, Center for Dairy Profitability,