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Annies Project

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Follow-up classes: Grain Marketing, Financial Management and Spreadsheets. Benefits ... Spreadsheets and databases. Financial software. Marketing and crop insurance ... – PowerPoint PPT presentation

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Title: Annies Project


1
(No Transcript)
2
Todays Objectives
  • Women In Agriculture Education
  • Annies Project
  • Background
  • Curriculum
  • Outcomes and Impacts
  • Follow-up classes Grain Marketing, Financial
    Management and Spreadsheets
  • Benefits

3
Women In Agriculture Education
4
Women In Agriculture Education
WHY?
  • Underserved Audience
  • Unique Learning Needs
  • Safe Learning Environment
  • Mentoring, Nurturing

5
What is Annies Project?
6
Background
  • Based on the life a of farm woman
  • Grew up in a small town
  • Goal - to marry a farmer
  • Spent a lifetime learning how to be
    an involved business partner
  • Together they did great things
  • Challenges
  • three generations living under one roof
  • Low profitability
  • Changing farm enterprises
  • Raising a family

7
Background cont.
  • Annies Project - founded out of need
  • Farm women have diverse backgrounds
  • Being married to a farmer or being a woman in a
    male dominated business has its challenges
  • Some women handle this responsibility very well
  • In Annies Project, farm women find answers,
    strength, and friendship
  • In Annies Project, farm women grow in
    confidence, business skills, and community
    prestige.

8
Background - cont.
  • Began in 2003
  • Women and men impassioned for the role of farm
    women have expanded the program to seven states
  • Describe Annies Project to farm women and watch
    their eyes light up.
  • Instructors as well as students seem to find a
    piece of Annie in his or her lives.
  • Annies Project is designed to fill an
    educational need for risk management

9
Background - cont.
10
Background cont.
  • February, 2003 First Class held at Kaskaskia
    College, Centralia, IL
  • February, 2004 Washington County, IA
  • April, 2004 Mahaska County, IA
  • November 2004 to March 2005-Classes Held (size)
  • Iowa 11 (189) Missouri 3 (53)
  • Illinois 20 (264) Indiana 1 (18)
  • Nebraska 2 (26) Wisconsin 1 (5) Total 38
    (555)
  • Scheduled Summer 2005 Classes
  • Iowa 5 Missouri 1 Nebraska 1 Indiana 1
  • Illinois 4 Wisconsin 2 Ohio 2 Kansas 2

11
Mission Statement
  • To empower farm women to be better business
    partners through networks and by managing and
    organizing critical information

12
Annies Project Objectives
  • Annies project is designed to empower farm women
    to manage information systems used in critical
    decision making processes and to build local
    networks throughout the state.
  • The target audience is farm women with a passion
    for business and involvement.

13
Curriculum
  • Objective
  • Fill the desire to become a better person
  • Understand the common needs and conditions
  • Easily adapted to local audience
  • Provide a network of support
  • Discover a yearning for learning
  • Legitimize learners role
  • Build skills, confidence, purpose and control
  • Interesting and rewarding
  • A clear purpose of farm management tools and
    skills

14
Curriculum Cont.
  • Production Risk
  • Crop and Livestock Insurance
  • Enterprise Diversification
  • Natural Disasters
  • Grain Storage Loss

15
Curriculum cont.
  • Market Risk
  • General Marketing
  • Commodity Programs
  • Market Analysis and Pricing
  • Marketing Plans
  • Marketing Tools
  • Production Contracts
  • Value Added Ventures

16
Curriculum cont.
  • Financial Risk
  • Strategic Planning
  • FSA Documentation and Programs
  • Financing
  • Business Plans
  • Financial Management
  • Policy and Trade
  • Global Impacts

17
Curriculum cont.
  • Legal Risk
  • General Legal Risk
  • Environmental Liability
  • Contract Arrangements
  • Business Structure
  • Tax Liabilities and Law

18
Curriculum cont.
  • Human Resources Risk
  • Personnel Management
  • Health
  • Family Issues
  • Life, Health, and Long Term Care Insurance
  • Safety

19
Class Structure
  • Six - 3 Hour Seminar Classes
  • 10 25 Participants
  • Classroom and Computer Lab
  • Community College, High School, Library
  • Participant and Instructor Team-Taught
  • Flexible Course Structure
  • Networking and Mentor Development

20
Class Outline
  • Session One
  • Human Resources and Time Management
  • Course Introduction
  • Risk Assessment Survey
  • Colors
  • What is Management?

21
Class Outline cont.
  • Session Two
  • Women and Money
  • Business Plans
  • Mission Statements and Goals
  • History and Tradition of Your Farm
  • How Property is Titled Who Else is in business
    with you?
  • Cash and Crop Share Leases

22
Class Outline cont.
  • Session Three
  • Financial Documentation
  • Balance Sheet
  • Income Statement
  • Cash Flow
  • Retirement Estate Planning
  • Using Spreadsheets

23
Class Outline cont.
  • Session Four
  • Risk Management
  • Developing Marketing Plans
  • Developing a Risk Management Strategy
  • Ten Habits of Profitable Farmers
  • Types of Insurance - Life Insurance, Crop
    Insurance, Health Disability

24
Class Outline cont.
  • Session Five
  • Fast Tools
  • Financial Records and How to Interpret
    Information
  • Discussion on topics for the next meeting

25
Class Outline cont.
  • Session Six
  • Your topics
  • End of class evaluation
  • Follow up evaluation
  • Newsletters
  • Web-site
  • Continuing activities

26
Expected Outcomes
  • Increased knowledge, skills and abilities
  • Risk management
  • Computers and the internet
  • Spreadsheets and databases
  • Financial software
  • Marketing and crop insurance
  • Human resource skills of communication,
    negotiation and interpersonal skills

27
End of Class Impacts
  • Participants increased knowledge, skills and
    abilities
  • Importance of goal setting
  • Increased interpersonal skills
  • Increased organizational and time management
    skills
  • Increased skills working with professionals to
    meet individual and farm business skills

28
Documented Long Term Impacts
  • Behavior changes in management techniques
  • Increased confidence in decision making skills
  • Implementation of whole farm risk management
    plans
  • Become better farm managers and business partners

29
What they Say
  • Annies Project has opened my eyes to the
    complexity of farming, helping me to understand
    the importance of strategic and purposeful
    planning. The respect I have for all farmers as
    true businessmen has grown significantly. Julie
    Birky, Parnell

30
What they Say
  • I have completely enjoyed Annies Project. It
    made me realize that I am on task with some
    aspects of my record keeping and that I need to
    improve in others. These meetings have sparked a
    drive in me to challenge myself to do better.
    Jane Janecek, Washington

31
What they Say
  • This project has opened up communication and
    information shared between my husband and myself.
    I work full time in town and I have learned so
    much from this project that will help me help my
    husband with our farm business. Luetta Greene,
    rawfordsville

32
What they Say
  • This class has allowed me to meet other farm
    wives who have the same interests and goals that
    I do. We have formed a network of farm wives
    who can help to support each other. I have also
    been exposed to many new topics and feel like I
    have been able to carry on an intelligent
    conversation with my husband, and understand his
    worries and concerns. Mary Miller, Winfield

33
What they Say
  • Im very glad I came. Because Ive only been
    into the farming situation for three to four
    years and am a city girl to start with, I had no
    idea of the depth of the farming process as a
    business. This class has really started me
    thinking about how little I truly know it has
    also wetted the desire to learn more Dianne
    Hayes, Lone Tree

34
What they say
  • I was surprised by -
  • The number of farm women interested in this class
    and the wide age range
  • How much information we were taught
  • I never knew that -
  • I am like a lot of other farm women who take
    pride in their family farm
  • There were other farm women truly trying to
    understand

35
What they say
  • I enjoyed trying to
  • Figuring out what my personality traits are
  • Help my spouse market our grain
  • I changed my mind about -
  • There is a real need for a marketing plan
  • My role in farming, I learned more ways that I
    can be a very active part of the farm

36
What they say
  • I wish I had known
  • About so much of these topics 25 years ago
  • How great this class was going to be I would
    have convinced some other people to join
  • I appreciated
  • The binder and all the handouts
  • That classmates helped each other understand
    different topics

37
What they say
  • I now understand
  • Grain marketing and crop insurance
  • Farming records can be kept easier with the use
    of a computer, and now I can help make decisions
    more confidently
  • I plan to
  • Try and be a better partner
  • Get the books more organized

38
Demographics
  • Iowa Classes 189 Range
  • Average Age 42.6 24 to 76
  • Average Years Farming 17 0 to 42
  • Average Children 2.32 0 to 6
  • Average Acres Owned 396 40 to 973
  • Average Acres Crop Share 363 163 to 576
  • Average Acres Cash Rented 387 157 to 651
  • Average Acres Custom Farmed132 0 to 436

39
Demographics
Marital Status Marital Status Marital Status Marital Status
Married Single Divorced Widowed
143 33 6 7
Form of Business Form of Business Form of Business Form of Business
Sole Owner Partnership S-corp or Corp LLC or Other
163 17 7 2
Gross Farm Sales Gross Farm Sales Gross Farm Sales Gross Farm Sales
Less than 50,000 50,001 to 150,000 150,001 to 300,000 Over 300,000
8 57 72 19
189 Iowa Participants
40
Program Funding
Participant Fees 15
Partnership Contributions 50
Grant Funds 35
41
Our Extension Partners
42
From Here
  • USDA-RMA/Annies Project Advisory Council
  • Seeking partnerships (public and private) to
    sustain and expand the program
  • AMES On-line Resources
  • Women Marketing Grain (coming winter 05)
  • Financial Management
  • Resources
  • http//www.extension.iastate.edu/annie

43
Benefits
  • Provides an opportunity to be involved in
    educational opportunities for farm women
  • Is an essential piece in the overall educational
    opportunities for farm women
  • Provides farm women with the skills, confidence
    and ability to assume leadership roles in
    agriculture
  • Sustains the viability of agriculture

44
THANK YOU
QUESTIONS
Bob Wells Field Specialist Agriculture
Economics Iowa State University
Extension 641.673.5841 wellsjb_at_iastate.edu
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