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FarmSMART                  
 July 2023
LA

California west coast 7/3/23
Air Quality Index: Ozone 108, PM2.5 66 (Moderate)
Smoke in corn field

Illinois "west coast" 6/27/23
Air Quality Index:  Ozone 122, PM2.5 185 (Unhealthy)

Dear Friend,

How intense was the Canadian "forest fog" this summer?  Above is an unscientific Air Quality Index comparison between Los Angeles on July 3rd and western Illinois on June 27th.  The bottom line is that the 2023 "boreal bar-b-que" that drifted across the Midwest put L.A.'s infamous smog to shame.  Speaking of bar-b-que, read about FBS/MASA Pork Powerhouses in "FBS/MASA Users in the News."  

  • Catch our July Farm Management Accounting blog posts. 
  • Benchmarking crop and machinery costs.
  • D.I.Y. FBS trouble-shooting.                                                                                                                             SDG

FBS/MASA Users in the News

Congratulations to these FBS/MASA clients who were recognized as "U.S. Pork Powerhouses for 2023" by Successful Farming magazine:

Company Ranking # Sows
Carthage System 6 180,400
Eichelberger Farms 17 62,500
Wakefield Pork 21 56,300
Fine Swine 30 33,000

Read the full Successful Farming article here.

July Farm Management Accounting Blog Post

July 2023 Blogs


DO YOU HAVE A FARM RISK MANAGEMENT PLAN?

Farming is a business. And, like with any business, there’s always an element of risk. Effectively managing farming risks is an important part of...

ENABLING PROFITABLE FARMING WITH THE PORK PROFIT CENTER DASHBOARD

In any farming enterprise, managing cost centers to minimize expenses while maximizing outputs is critical. However, livestock management can be...

FARM FINANCIAL STANDARDS COUNCIL TO DISCUSS OPPORTUNITIES AND THREATS

Keeping up with the latest trends in the farming industry and anticipating potential shifts can be crucial for ensuring the long-term profitability of your agricultural business...

DO YOU REPORT YOUR FARM FINANCIAL RECORDS BY CASH OR ACCRUAL?

When analyzing your farm’s financial reporting system, what level of reporting does your farm use? Are you on a cash basis, an accrual/management...

Purdue header

Benchmarking Crop Machinery Cost & Investment
Michael Langemeier

The continued increase in size of tractors, combines, and other machinery has enabled farms to operate more acres and reduce labor use per acre.  However, this increase in machinery size also makes it increasingly important to evaluate the efficient use of machinery.  This article will discuss machinery cost and investment benchmarks, and illustrate the computation of crop machinery cost and investment for a case farm in west central Indiana.

Q&A: D.I.Y. Trouble-Shooting

Q.  Is there anything I can do to trouble-shoot my issue before I call or email support?
Sarah 2019

Sarah Dixon, FBS Support Coordinator
sarah@fbssystems.com (800.437.7638/extension 100). 

A. Here are a few "do it yourself" steps to try:

  1. Check for updates (under Utilities).

    Check for updates
  2. Reboot your computer. Shut it completely down wait a bit and reboot the computer.

  3. If the issue is with a report then you can try to:
    1. Recreate beginning balances.  

    Beginning Balance
      
    1. Search for undefined entries in the accounting User Defined Report.  Make sure to run for the time period in questions and historically back at least 6 months.

      Undefined Entries
  4. If you are still having an issue please email support@fbssystems.com and include screen shots of issue, screen shots of the report parameters, and a data backup.
 
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