Submitted by: agcomm,  Wed Nov 26 10:13:38 1997


                        November 26, 1997
 
FINPACK Training Offered in Fargo and Minot
 
     The NDSU Extension Service will hold a two-day FINPACK farm
financial management software workshop in Fargo at the Cass
County Government Annex on Dec. 17 and 18. The registration fee
is $50. Sessions begin at 9:00 a.m. and end at 4:00 p.m. 
     The workshop will be an opportunity for farmers, lenders and
ag professionals who are interested in farm financial management
to become familiar with FINPACK software by getting hands-on
computer experience. FINPACK 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 also keeps a
historical database on each farm to evaluate 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 10 years.
The personal version of FINPACK costs $395 and the professional
version costs $1,195.
     To register, either call (701) 231-8642 or mail the $50
registration fee to the Extension Ag Economics Office, NDSU, Box
5437, Fargo, ND 58105.
                              ###
NDSU Agriculture Communication
Source: Andrew Swenson (701) 231-7379
Editor: Barry Brissman (701) 231-7866