Farm Business Management
The primary emphasis of Farm Business Management is to assist farm families in meeting their business and personal goals through quality farm records and sound business decisions. Farm Business Management is designed to work closely with active, functional farmers and persons interested in farming as a business.
Program Benefits:
- Taught at the student's place of business
- Confidential, web-based discussions
- Individualized instruction
- Customized to the strengths and weaknesses of each student’s business
Developing a set of sound farm records is the basis for the program. Primarily, computerized accounting is used to handle the complex records which must be kept in an efficient farm business. At the close of the calendar year, these records are summarized with the assistance of the instructor, and a computerized business analysis is prepared for each student to show how well their business did financially during the year. Each student also receives an Area Farm Business Analysis summary, allowing them to compare their information with averages of other Farm Business Management students (farmers) in their local area and Southwestern Minnesota.
To best meet the needs of the Farm Business Management student, instructors work very closely with farm lenders, Ag Extension personnel, and other Ag professionals. Instructors must be informed of current issues relating to agriculture because a decision made today on the farm may be implemented the following day and will influence the long-range future of that business.
FBM Scholarships for beginning farmers
Farm Business Program Descriptions
Farm Business Management, Diploma - 60 credits
Essentials of Farm Business Management, Certificate - 30 credits
Applications in Farm Business Management, Certificate - 30 credits
Advanced Farm Business Management, Certificate - 30 credits
Agricultural Commodities Marketing, Certificate - 25 credits
Current Issues in Farm Business Management, Certificate 18-30 credits
FBM Annual Reports
2021
2021 - Farm Business Management Southern MN Annual Report
2021 - West Central/Central MN Annual Report
2021 - I-90 Farm Business Management Report
2021 - Red Flag Accumulative Graphs
2021 - Marshall Area Annual Report
2022 - Marshall Market Watch to March
2022
2022 - Farm Business Management Southern MN Annual Report
2022 - West Central/Central MN Annual Report
2022 - I-90 Farm Business Management Report
2022 - Red Flag Accumulative Graphs
2022 - Marshall Area Annual Report
2022 - Marshall Market Watch to March
2022 - Westland Analysis Summary
2023
2023 - Farm Business Management Southern MN Annual Report
2023 - Westland Analysis Summary
2023 - I-90 Farm Business Management Report
2023 - Dairy Farm Sort
2023 - Crop Farm Sort
2023 - Marshall Area Annual Report
Additional Links:
Minnesota State Farm Business Management
Farm Business Management Podcast
Program Advisors
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| Mike Boersma, Faculty 605-690-5336 1001 W. Erie Road, Marshall, MN 56258 mike.boersma@mnwest.edu |
Brad Milbrath, Faculty 507-847-7936 401 West Street P.O. Box 269 Jackson, MN 56143 brad.milbrath@mnwest.edu |
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| Brian Boomgaarden, Faculty 507-825-6829 1314 North Hiawatha Ave. P.O. Box 250 Pipestone, MN 56164 brian.boomgaarden@mnwest.edu |
Shawn Meyer, Faculty 320-249-6391 67194 350th Street Watkins, MN 55389 shawn.meyer@mnwest.edu |
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| Aaron Brudelie, Faculty 507-847-7965 32 Main Street North Sherburn, MN 56171 aaron.brudelie@mnwest.edu |
Troy Otto, Faculty 507-530-5238 1001 W. Erie Road, Marshall, MN 56258 troy.otto@mnwest.edu |
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| Linda Carter, Faculty 507-828-6651 2139 290th Avenue Walnut Grove, MN 56180 linda.carter@mnwest.edu |
Zach Rada, Faculty 507-223-1351 1011 First Street West Canby, MN 56220 zach.rada@mnwest.edu |
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| Jeremy Daberkow, Faculty 507-847-7966 32 Main Street North Sherburn, MN 56171 jeremy.daberkow@mnwest.edu |
Lori Van Overbeke, Faculty 507-530-8344 1001 W. Erie Road, Marshall, MN 56258 lori.vanoverbeke@mnwest.edu |
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| Mike Dierks, Faculty 507-372-3427 (Worthington) 507-847-7937 (Jackson) 1450 Collegeway Worthington, MN 56187 mike.dierks@mnwest.edu |
Jason Stewig, Faculty 320-583-6890 Granite Falls, MN jason.stewig@mnwest.edu |
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| Deron Erickson, Faculty 320-528-2529 301 County Road 2 Barrett, MN 56311 deron.erickson@mnwest.edu |
Brad Verly, Faculty 507-828-8506 1001 W. Erie Road, Marshall, MN 56258 brad.verly@mnwest.edu |
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| Paul Filzen, Faculty 320-234-8558 980 2nd Avenue Hutchinson, MN 55350 paul.filzen@mnwest.edu |
Justin Williamson, Faculty 507-847-7967 32 Main Street North Sherburn, MN 56171 justin.williamson@mnwest.edu |
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| Kent Janssen, Faculty 507-220-8176 457 160th Street Sherburn, MN 56171 kent.janssen@mnwest.edu |