Florencia Colella's Podcast

Ben Werling and Florencia Colella interview Benita Meekhof, from the Farm Service Agency about CFAP 2, the renewed and modified COVID-19 support program that specialty crop growers definitely need to check out.
Visit farmers.gov/cfap/specialty, call your FSA office, and apply by December 11!

Recorded in collaboration with the Great Lakes Vegetable Producer's Network

This section will give you a quick summary of the things you should do to plan for transitional changes at your farm.

“Enthusiasm” music by Jay Man is licensed under CC BY 2.0

A video and the transcription can be found at the link below.

https://mediaspace.msu.edu/media/t/1_g1eb3no1

Learn about the benefits of recordkeeping, and some accounting methods you can apply to your farm.

This podcast gives insight into some tax differences between hobby and commercial farming. For more information, contact Florencia Colella at colellaf@msu.edu or 231-224-6439.

“Enthusiasm” music by Jay Man is licensed under CC BY 2.0

The Farm Records Book for management is a free tool to keep track of your farm income and expenses that you may use on paper, Excel or Google Sheets. It also lets you keep track of labor payments, capital purchases, production, and even develop a balance sheet. Even if you don’t want to use this Farm Records Book in an advanced manner, you can use it to start studying the subject of farm recordkeeping and financial statements, as it has explanations that guide you through its different sections and functionalities. The Farm Records Book is not intended to replace an accountant’s, tax preparer’s or financial analyst’s work. It is intended to empower the farmer to have a more informed conversation with them, when time comes. It may also have flaws and if you find any, please get in touch with Florencia Colella at colellaf@msu.edu or 231-224-6439. In the following podcast we are going to explain how to open and download it.

“Enthusiasm” music by Jay Man is licensed under CC BY 2.0