Completed Competitive Grant

Pilot project to identify and measure the relevant costs of production for sustainable agriculture products

Project ID: M2004-05

Abstract

Accounting professionals sought to help farmers understand costs of production for their products.

Key Question: Where can farmers lean more about managing their financial situation?

Findings: Assistance from Iowa State University is available if the farmer is willing to share data and take the time to talk with people from ISU. A fairly simple analysis - like the one done for the beef producer in this study - can provide evidence that changes the strategy of the producer in an important way.

Lead investigator: Sue Ravenscroft, ISU Accounting, et al

Year of grant completion: 2008

This competitive grant project was part of the Leopold Center's Marketing Initiative.

Topics: Business management, distribution and marketing, Farmer profitability, enterprise budgets

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The Leopold Center was established by the 1987 Iowa Groundwater Protection Act as a research and education center at Iowa State University to develop sustainable agricultural practices that are both profitable and conserve natural resources. Iowa State does not discriminate on the basis of race, color, age, religion, national origin, sexual orientation, sex, marital status, disability, or status as a U.S. Vietnam Era Veteran. Any persons having inquiries concerning this may contact the Director of Affirmative Action, 3210 Beardshear Hall, (515) 294-7612.

This page was found at http://www.leopold.iastate.edu/grants/m2004-05 on 01/21/2013