Monthly Archives: June 2014

New Name

Gordon Groover and Gustavo Ferreira, editors.

The lead article in October 1992 Farm Management Update started out as follows, “In your hands is the first copy of the Farm Management Update.” Over the last 22 years we have transitioned from a hardcopy publication to an internet blog. The name has also changed from Farm Management Update to the Farm Business Management Update and now the name going forward will be AAEC Extension Update.  Our commitment to provide timely and quality information has not changed, and our publication will continue to address a broad range of issues and problems affecting Virginia’s agricultural and rural communities.  Thanks!

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The Use Of Free Web Marketing Tools To Improve Agribusiness Visibility

Joao Ferreira, Consultant, Mid-Atlantic Wine and Agribusiness Marketing Solutions.
Gustavo Ferreira, Extension Economist, Department of Agricultural and Applied Economics, Virginia Tech

Introduction

The main purpose of this article is to explain the importance of the keywords as part of a web marketing strategy. More specifically, the findings of this article show how wineries or any other agribusiness can use a series of web-based free tools to increase visits and overall traffic in their webpages. Continue reading

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Determining Adequate Farm Liability and Property Insurance Coverage Levels

Peter Callan, Extension Agent, Farm Business Management, Northern District

Farm insurance plays important but often overlooked role in the operation of a farm business.  In many cases, coverage levels are not reviewed and updated until a claim is filed.  Farmers need to carry sufficient insurance coverage in order insure the continuation of the business in the event of a loss. Two commons types of farm insurance are property and liability insurance. Continue reading

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Cattle in the 2012 Agricultural Census

Gordon Groover, Extension Economist, Farm Management, Department of Agricultural and Applied Economics, Virginia Tech

The 2012 Agricultural Census contains a wealth of information for all sectors of U.S. and  Virginia agriculture. One of Virginia’s most widely dispersed commodities in Virginia is the cattle herd, found from the Alleghany Mountains to the Tidewater. Continue reading

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A Snapshot of Virginia Grains and Oilseeds, Census of Agriculture 2012

Jim Pease, Extension Economist, Farm Management, Department of Agricultural and Applied Economics, Virginia Tech

The 2012 Census of Agriculture shows a strong economic sector with a big “footprint” on Virginia farmland. In terms of harvested acres, the Census indicates that the 4 principal grains and oilseeds harvested are soybeans (578,852 acres), corn grain (338,132 acres), wheat (241,979 acres), and barley (37,023 acres). Harvested acres increased over 2007 for soybeans (+18%), wheat (+21%), and barley (+33%), but fell for corn (-14%), reflecting lower corn price expectations. Continue reading

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The Management Calendar

Gordon Groover, Extension Economist, Farm Management, Department of
Agricultural and Applied Economics, Virginia Tech

Listed below are the items that should be considered for inclusion on the farm business managers’ calendar for spring and summer of 2014:

  • Half the business year will soon be behind us and a six-month financial record check-up is in order.  Updating your records through the month of June allows you to quickly gauge financial progress by comparing the farm’s actual expenses and income to your budgeted amounts.  If you did not develop a budget, compare your mid-year expenses and income to half the items reported on your 2013 Schedule F.  Flag any items that are different from budgeted amounts.  These differences are not necessarily problems, just items that need to be examined and explained. Continue reading
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New Publication from AAEC: Agritourism in Virginia

Gordon Groover, Extension Economist, Farm Management, Department of Agricultural and Applied Economics, Virginia Tech

 A Geographic Analysis of Agritourism in Virginia (VCE Publication AAEC-62P) authored by Chris Lucha, Graduate Student,; Gustavo Ferreira, Assistant Professor, Martha Walker, Extension Specialist; Gordon Groover, Extension Economist all members of The Agricultural and Applied Economics Department of Virginia Tech Continue reading

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