FBS User Conference highlights, photos, presentations and videos. FBS Users in the news. Adjusting crop input inventories.
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 FarmSMART                                                    August 2017 

In this Issue:

User Conference Highlights

FBS Users in the News

September Free Webinars

Q&A:  Adjusting Crop Input Inventories

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 Click here to view User Conference presentations.
   
 
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User Conference attendees on the Celebration Belle.

Dear Friend,

In case you missed the 2017 FBS User Conference this month we're going to make our best attempt to share the sights, sounds, experience and information exchanged in this newsletter and on our website.

First some comments from a record number of new and potential FBS clients:

"Very helpful in understanding an overview of all the software can do."

"Seminar is very helpful. Good integration between attendees/presenters."

"The seminar was very good."

"Very Interesting."

Also in this month's FarmSmart:

  • User Conference Highlights.
  • View User Conference Presentations.
  • FBS Users in the News.
  • September free webinars.
  • Link to recorded webinars.
  • Adjusting Crop Input Inventories.                                                                                                                                                                                                                                          SDG

FBS User Conference Highlights

The Conference kicked off with producers and and advisers from 10 states introducing themselves then sharing what they were hoping to learn from speakers and their peers at the conference. 

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We then conducted an interactive survey that looked to the future of digital farm management, exploring questions such as:

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  • Where will your accounting software be housed?"
  • Who will provide your accounting software?
  • How important are these capabilities?
  • What support services will be most helpful?

 

 


Bernick portrait.jpgOur keynote speaker Jeanne Bernick from KCoe Isom introduced us to Anticipatory Thinking, applying these 7 Principles of Flash Foresight to agriculture:

1. Start with Certainty – HARD TRENDS
2. Anticipate  
3. Transform  
4. Take Your Biggest Problem – Skip IT  
5. Go Opposite  
6. Redefine and Reinvent  
7. Direct Your Future
  

Jeanne then covered 7 traits of KCoe's high performing clients:
1. Leave Their Comfort Zone
2. Not afraid of Technology
3. Relationship With Key Partners
4. Consistent Business Planning
5. Succession and Estate Planning
6. Think Like a CEO 
7. Develop Others

Bernick concluded by conducting an interactive survey of the Conference participants to assess their management practices.

 Click here to watch a video of Jeanne Bernick's presentation.


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Lunch was our first solid networking opportunity as tables were marked by common areas of interest.



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After lunch Farm Progress's Editorial Director and tech guru Willie Vogt previewed the Top 5 Tech Trends in Agriculture:
1. Biotech 
2. Sensors
3. Internet of Things
4. Automation
5. Crop Modeling/Analytics


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John McNutt of LattaHarris and Bill Haupts from Russell Consulting unveiled the 2016 Corn-Soybean Cost of Production Benchmarks.  With corn production costs ranging from $1.94 to $5.12 per bushel McNutt emphasized the need to optimize margins rather than yields and the opportunities to benchmark machine utilization and activity costs.


Next the Conference turned to the Integration Partners Panel and round table discussions with the presenters.

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Applegate panel.jpg
Jack Makowski from Conservis describes 
integration with John Deere, Fieldview and FBS.
Doug Applegate of Praxidyn demoed
the Mixmate chemical mixing app. 
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Nankivil panel.jpg
Andy McGarry of Granular announces the
company's acquisition by DuPont.
Erik Nankivil from Maximus explains
 how their controllers manage facilities.
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Enjoying networking at a round table discussion. Brian Watkins explains how Cropzila
optimizes machinery investment.

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The Tuesday afternoon general session concluded with an overview of "new opportunities" of software updates, priorities and plans by FBS Director of Development Dr. Martin Traviolia.

 

 

 

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Wrapping up the day with a delicious prime rib dinner cruise on the Mississippi. 

Click here to view presentation and videos from the User Conference.

FBS Users in the News

The September 2017 issue of Farm Futures includes two stories on FBS users.
Scott Henry, business development manager for Longview Farms in central Iowa will be on the program at the Ag Data Conference in Coralville, Iowa, on November 29-30. 

David Seba of Seba Brothers Farm in western Missouri relates his experience with FarMobile data collection units in Turn Data Into Cash.

Dwight Mogler was featured in the Iowa Pork Producer.  In addition to serving as a director in the Iowa Pork Producers Association, Mogler is partner in Mogler Farms/Pig Hill, growing pork, row-crop and cattle-feeding operations in northwest Iowa.


September FreVersion 11 Computer.jpge Webinars
September 11:  Getting Ready for Harvest.
September 18:  Recording Harvest Records.
September 25:  Reconciling Livestock Inventories.
All webinars run between 1:00 pm and 2:00 pm CDT.  

To register, e-mail support@fbssystems.com by 12:00 pm CDT on the day of the webinar.
 
NEW:  Catch up on the webinars you've missed by watching them on the Webinar page of our website.

 
Q&A of the Month:  Adjusting Crop Input Inventories
Sarah_Dixon
Sarah Dixon, FBS Sales and Support Coordinator

Q.  When I run my Chemical Inventory Report  the ending quantity doesn’t match my physical inventory.   What’s the best way to account for that?

A.  It’s common to have your ending inventory in FBS off from the physical inventory due to shrinkage, mis-calibration or simple rounding (application monitors usually record rates, not inventories). 

The best way to account for this is to do a Global Adjustment of Applications (Input/Crops/Global Adjustment of Applications).  This works by finding all applications of the input during the time period you specify and “tweaking” those applications to make up for the amount your inventory is off.  

Here’s a Crop Input Inventory Report run for Roundup.  It states that the ending inventory in FBS is 48.996, but in reality you have 5 fewer gallons on hand.

Global Adjustment 1.jpg

To make a global adjustment for this example select the beginning and ending application dates and enter -5.   This will proportionately increase the applied gallons from 1.004 to 6.004  to achieve the actual 43.996 ending inventory.  


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The global adjustment prorates the adjusted applications across fields based on the prior application quantities.  For example, the 5/01/2017 original application of .602 represents 60% of the total applications of 1.004.  Therefore the adjusted application quantity is 3.6 ((5 x 60%) + .602).

Global Adjustment 3.jpg

You can also just do a chemical adjustment that will not affect the individual applications through Input/Crops/ General Input/Chemical Adjustment.  This option will "write off" small discrepancies in input inventories provided they are positive quantities.

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