Machinery Management Seminar Set

Machinery management decisions are an important part of the farm business. Sorting out all of the options for acquiring the use of newer machinery can be a challenge. Should a producer own, rent seasonally, lease or share ownership of a single machine or a line of machinery? How can a group of people own machinery together and make it work? What are your current machinery costs? These and other important questions about machinery economics will be covered at a "Farm Machinery Management and Economics" seminar on March 8 from 1 to 3 pm at the Allamakee County Farm Bureau Building in Waukon.
Robert Tigner, ISU Farm Management Field Specialist will cover the above topics using the newest ISU Extension Machinery Management publications series along with a set of computer decision aids. Attendees will take home a book with the publication series and a CD. The book includes worksheets for those who would prefer to hand calculate costs and lease versus ownership options of machinery acquisition. The CD includes several Microsoft Excel templates to do the calculations and comparison. If attendees don't have a Microsoft Office suite, the suite will include OpenOffice, which will run or open most Microsoft files.
This program is sponsored by the Allamakee County Farm Bureau and Allamakee County Extension service and is free to any interested producers. Pre-registration is required in order to prepare seminar materials. Please call the Extension office at 568-6345 or the Farm Bureau office at 568-2527 to register by March 4.

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