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Acres of Knowledge

All issues concerning Small Farms, Agriculture, Local Food Systems, and the Natural Resources.

Consumer Spending and Beef Demand

Posted by Myla Munro -

Demand can be measured by the quantities that consumers are willing to buy over a range of different prices. This list of quantities and corresponding prices can be plotted to map out the familiar downward-sloping demand curve, with smaller quantities demanded at higher prices and larger quantities demanded at lower prices. Although "demand" is often used interchangeably – and inco...

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Farm Liquidity - Your Current Ratio

Posted by Myla Munro -

The measures of financial liquidity quantify the ability of your farm to meet the financial obligations as they come due as well as to generate cash to pay family living expenses, income taxes, and make debt payments on time. The typical measures of liquidity under review by your FBFM field staff or lender are: 1) the current ratio, 2) working capital, and 3) the working capital/gross rev...

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