With: Dallas Zimbelman, branch manager, Archer Credit Union; Tara Janda, Financial Services Officer, Farm, Credit Services of America; Jessica Groskopf, panhandle regional economist, UNL; Austin Duerfeldt, southeast regional economist, UNL.
Description: This is the first in a series of webinars to assist farmers and ranchers to better understand their financial positions. Sessions will be held from noon to 1 p.m. Central on the second Thursday of each month, through May, and offer education on financial statements, ratios, record keeping, understanding cost of production and more.
This month will focus on balance sheets and cash flows, including details on how to value assets and inventory, refinancing, correcting negative working capital, monthly vs. annual cash flow, operating loans and more.
This material is supported by USDA-NIFA under Award Number 2018-70027-28586.
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