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Agricultural business and policy

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Planning budgets

Information useful to farmers planning production, financing and marketing of crops or livestock using cost estimates based on Missouri production practices.

Find budget documents

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Century farms

Landowners with farms that have been in the family for 100 years or more can obtain special recognition.

Learn about century farms

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Events

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2020 MU Crop Management Conference

Event date: Dec. 1, 2020 - Dec. 2, 2020

Farmers and crop specialists are invited to attend a special annual conference for industry updates from leading agriculture researchers at the University of Missouri and other institutions across the US. We’re facing unprecedented challenges as we ...

Farm Tax Workshop - Grundy

Event date: Dec. 1, 2020

Event time: | 6:15 pm - 8:30 pm

Trenton, MO

Educates farmers and ranchers on tax related issues with a focus on timely issues impacting agricultural producers including depreciation of farm assets, special use valuation, self-employment taxes, COVID-19 relief for agricultural businesses, ...

Farm Tax Workshop - Bowling Green

Event date: Dec. 1, 2020

Event time: | 6:15 pm - 8:30 pm

Bowling Green, MO

Educates farmers and ranchers on tax related issues with a focus on timely issues impacting agricultural producers including depreciation of farm assets, special use valuation, self-employment taxes, COVID-19 relief for agricultural businesses, ...

Farm Tax Workshop - Keytesville

Event date: Dec. 1, 2020

Event time: | 6:15 pm - 8:30 pm

Keytesville, MO

Educates farmers and ranchers on tax related issues with a focus on timely issues impacting agricultural producers including depreciation of farm assets, special use valuation, self-employment taxes, COVID-19 relief for agricultural businesses, ...

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News & articles

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First state chapter of Heroes to Hives beekeeping program begins at MU

Published: Monday, Nov. 2, 2020

COLUMBIA, Mo. – Missouri has the first state chapter of Heroes to Hives, a program that supports veterans who want to learn beekeeping.New sessions of the free program begin March 2021, says Karen Funkenbusch, state director of the Missouri ...

Five steps to pass the farm to the next generation

Published: Thursday, Oct. 1, 2020

COLUMBIA, Mo. – Farm succession planning should not begin when the head of the family dies, says Wesley Tucker, University of Missouri Extension agricultural economist and succession planning coordinator.Too often, planning starts the day after the ...

Communication matters as you move from 'Grunt I' to CEO

Published: Friday, Sept. 4, 2020

COLUMBIA, Mo. – Who will run the farm?It’s the elephant in the room that no one wants to talk about until the owner dies or can no longer run the farm, says Wesley Tucker.Tucker is a fourth-generation farmer and succession planning coordinator ...

Temporary grain storage piles

Published: Friday, Aug. 28, 2020

Characteristics needed to build a temporary grain storage pileA grain storage facility can be constructed as either a short-term or long-term storage facility, depending upon whether a grain aeration system is included. Aeration is a necessary ...

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Publications

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Purchasing and Leasing Farm Equipment

Publication date: Nov. 1, 2020

This guide describes purchase, rental, and lease agreements available for farm equipment.TopicsTypes of plans and agreementsContract specificsFinancial and tax considerationsAdvantages of purchasing and leasingWays to compare finance ...

Yearling Beef Steer Feeding Planning Budget

Publication date: Nov. 1, 2020

This budget presents information useful to Missouri beef farmers. The production practices used to develop these cost estimates are common for beef farms in Missouri. Farmers are encouraged to customize this budget to fit their operation. This is ...

Missouri 400-Cow Dairy and 690-Cow Dairy Business Plans

Publication date: Nov. 1, 2020

This dairy farm business plan is intended to demonstrate one pathway for the next generation of Missouri’s dairy farmers. This path involves next generation confinement housing solutions that can improve cow comfort and cooling while removing ...

Missouri 3,500-Cow Dairy Business Plan

Publication date: Nov. 1, 2020

This 3,500-cow dairy farm business plan demonstrates one path forward for the next generation of Missouri’s dairy farmers. This path involves producing milk in Missouri with a 3,500-cow single site dairy, a capital and labor efficient scale. This ...

Missouri Robotic Dairy Business Plans

Publication date: Nov. 1, 2020

These business plans demonstrate one path forward for the next generation of Missouri’s dairy farmers. This path forward involves labor-saving robotic milking systems and next generation confinement housing solutions to improve cow comfort and ...

Hog Finishing Planning Budget

Publication date: Nov. 1, 2020

This budget presents information useful to Missouri swine farmers. The production practices used to develop these cost estimates are common for swine farms in Missouri. Farmers are encouraged to customize this budget to fit their operation. This is ...

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Resources

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Soil testing information (PDF)

Information on submitting soil samples to the MU Soil Testing Laboratory for testing.

Swine contract finishing financial model (downloadable XLS)

Use this cash flow tool — which incorporates data specific to your site — to help evaluate swine contract finishing options.

Pasture Rental Arrangements (PDF)

Missouri Backgrounding Cattle Budget (XLS)

Producers can use to estimate costs and returns for backgrounding cattle on a per head and per group basis. Additionally, a calculator can help estimate yardage cost for an operation.

Is your farm ready for COVID-19? (PDF)

This flyer outlines how to prepare for business continuity and minimize the effects of quarantine if someone becomes ill. English and Spanish versions. ¿Está lista tu granja para el COVID-19? (En inglés y español.)

Pearls of Production event photos

Pearls of Production photos from previous events (Flickr images)

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Featured programs

Beef Extension

Comprehensive resources for the Missouri beef industry

Growing Agribusiness Sustainably

The Growing Agribusiness Sustainably program strives to double the value of Missouri agriculture by 2030.

Agricultural Business and Policy Extension

Serves rural Missouri by helping farms, agribusinesses and communities understand their opportunities and challenges to make informed decisions

Annie's Project

Based on the life of Annette (Kohlhagen) Fleck, Annie’s Project empowers farm women to be better business partners through networks, managing and organizing critical information.

Dairy Extension

The best source of practical dairy information targeted for Missouri's dairy producers.

Forages

Information and resources aimed at improving the economic and environmental status of Missouri’s forage and grassland agriculture.

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