Poultry Farm Business Summary: 1989

A.E. Ext. 90-23This report is a summary of 1989 farm business data collected from six poultry farm businesses located throughout New York State. Egg sales comprised 97 percent of total receipts. The data are presented as averages for the six farms. The business analysis includes a balance sheet, income statement, poultry analysis, and several financial and production analyses for the farms. Blank columns are included in the tables for the user to enter his or her own farm data for comparison purposes. The primary objective of the poultry farm business summary, PFBS, program is to help farm managers improve the financial management of the farm business through appropriate use of historical farm data and the application of modern farm business analysis techniques. The PFBS identifies the business and financial information farmers need and provides a framework for use in identifying and evaluating the strengths and weaknesses of the farm business. A computer program is used in the field by the Cornell Cooperative Extension poultry specialists. This program enables an analysis to be produced on the farm as soon as the farmer's data are entered. This provides rapid processing of the information for timely use in the management of the farm business. The six farms in this study received an average of 97 percent of their 1989 receipts from the sale of eggs. The businesses included various combinations of egg production, processing, marketing and pullet raising. Three farms engaged in grain production, mostly corn for feed to be milled on the farm. The data were not obtained from a random sample of all poultry farms in New York. Therefore, the analysis should not be used to represent the New York poultry industryit reflects the experience of these six poultry farms in 1989