NEWS for North Dakotans
Agriculture Communication, North Dakota State University
7 Morrill Hall, Fargo, ND 58105-5665
December 23, 1999
The North Dakota State University Extension Service will hold a two-day FINPACK 99 farm financial management software workshop in Fargo at the Cass County Government Annex on Thursday and Friday, Jan. 6 and 7. Sessions will begin at 9 a.m. and end at 4 p.m.
The FINPACK 99 workshop is for producers, lenders, educators, and consultants in agriculture, says Andrew Swenson, extension farm and family resource management specialist at NDSU. The workshop will provide hands-on training and the step-by-step procedure to use FINPACK 99 for farm financial analysis and management. Experienced FINPACK 99 users will receive an update on the latest features of FINPACK 99 for Windows.
FINPACK 99 software can project farm cash flows for up to 10 years and provide monitoring worksheets to gauge a farm's progress during the year. A year-end analysis gives an accrual income statement and financial performance measures for a whole farm and each farm enterprise. FINPACK 99 also keeps a historical database on each farm to evaluate the trends of any financial or production items such as net farm income, acreage, seed cost per acre and feed cost.
FINPACK has been in development since the early 1970s at the University of Minnesota. More than 100,000 farmers, lenders and ag professionals have used this software in the last 11 years. The personal version of FINPACK 99 costs $395 and the professional version costs $1,195.
Attendance in the FINPACK 99 workshop is limited so preregistration is required. The registration fee is $70. To register, either call (701) 231-8642 or mail the $70 fee to Extension Agricultural Economics, NDSU, P.O. Box 5437, Fargo, ND 58105-5437.
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Source: Andy Swenson (701) 231-7379
Editor: Dean Hulse (701) 231-6136