Home Contact Sitemap Checkout login
Agri-food Management ExcellenceAgri-food Management Excellence
Agri-Food Training
  • Home
  • Subscribe for AME news
  • Executive Management Programs
    • Executive Management Programs
    • For Producers - CTEAM
    • Opportunities for AME Alumni
    • Price Risk Management using Futures & Options
      • Price Risk Management using Futures & Options
      • Introduction to Price Risk Management
      • Risk Management Coaching
        • Risk Management Coaching
        • Basis Charts Login Area
    • Investing in Machinery and Equipment Course
    • Custom Programs
    • Instructors
    • Bob Ross Memorial Scholarship
    • Funding Options
    • Testimonials
    • Terms and Conditions
  • News and Publications
    • News and Publications
    • Sign up for our Newsletter!
    • Newsletters
    • Media Releases
    • Suggested Links & Recommended Reading
    • Recommended Reading
    • White Papers & Think Pieces
  • Contact
Home/Executive Management Programs/Investing in Machinery and Equipment Course Print This Page




Investing in Machinery and Equipment Course


Registration Deadlines:

Alberta & Saskatchewan - January 12, 2018

In recent years, machinery costs creeped up and now rank among the biggest cost items on farms. They often fluctuate significantly even between farms in the same region because farmers have a wide range of options in managing their machinery portfolios. In past years with high commodity prices and good margins, it was relatively easy to finance machinery, wants sometimes surpassed needs, and detailed financial analysis was only sparsely performed.

As the outlook for commodity markets is currently less optimistic, many farmers are rethinking their equipment strategy to reduce cost and debt service commitments as well as to preserve working capital, so they can take advantage of the opportunities ahead.

It is with this goal in mind that we have developed a course to assist farmers in making decisions about machinery investment.


Objective of the Course


The major objective is to give farmers the tools needed to construct and implement the optimum machinery management strategy for their farms, based on sound management decisions. A machinery management strategy includes how much equipment to have, how to choose the most favorable equipment option, whether it is owned and financed or leased, rented, and for how long it is held.

This program is planned as a hands on workshop. Participants will receive an investment spread investment decisions.


Course Outline:


Defining Equipment Strategy: What Does it Entail?

  • How much equipment?
  • Replacements
  • Additions
  • New technology
  • What is the optimal machinery strategy
  • Some guidelines


Financial Principals, Concepts and Tools

  • Equipment cost: some examples - buy vs. finance vs. lease vs. rent vs. custom
  • Financing Principles
  • The time value of money concept


Presentation of Machinery Spreadsheet, Case Studies and Individual "Cases"

  • Explanation of spreadsheet
  • Group exercise: Case studies
  • Group exercise: Addressing participants' living cases
  • Bearpit Q & A


Program Instructors


AME instructors are internationally renowned experts in agricultural management, and are drawn from both industry and academia. This approach ensures a sound theoretical basis for the program, combined with “hands on” practical experience in the application of ideas.



Larry Martin

Principal & Lead Instructor
Agri-Food Management Excellence


Dr. Joerg Zimmermann

GlobalAgAdvisors Ltd.


REGISTRATION INFO


Tuition
$750 and will include course materials and a spread sheet that participants can take home to use after the course. 


Save 50-75% on Tuition!

for more details please click here or check with your provincial Ministry of Agriculture for eligibility requirements.


Dates & Locations

The 1.5 day course will be held in the following locations:



Jan 15-16, 2018

Red Deer, AB

Registration Deadline January 12, 2018


Jan 17-18, 2018

Saskatoon, SK

Registration Deadline January 12, 2018


March 5-6, 2018

Guelph, ON


March 7-8, 2018

Kentville, NS



REGISTER FOR THIS COURSE


Keep up to date with AME News & Events!

SIGN UP FOR NEWSLETTER

Contact

AME OFFICE

RR1 Donalda, AB

T0B 1H0


Alberta: 1-780-781-2840

Ontario: 1-519-841-1698

Executive Management Programs


For Producers - CTEAM

Machinery Investment

For AME Alumni

Risk Management

The AME Difference

Our Team
Instructors
Partners
News & Press Releases

Student Area

CTEAM 17-18
Introduction to Risk Mgmt
Machinery Investment
© 2017 Agri-Food Training. All Rights Reserved. Policies Built on ShoutCMS