On a previous program, Rick Dehod, farm financial specialist with Alberta Agriculture and Forestry, discussed the importance of knowing if your farm is profitable or not, and some details to help in the evaluation. Today he takes a look at a couple of tools to help evaluate the financial status of the farm.
Interview with Rick Dehod (3:12 minutes) (1.46 Mb)
The Agricultural Business Analyzer and Simple Farm Ratio Analyzer can both we found on Alberta Agriculture’s website. For more information, go to www.agriculture.alberta.ca/farm-manager.
Source : Alberta Ag and Forestry