This publication is specifically designed to help agricultural producers determine the financial condition of their operation at a certain point in time. It provides guidelines, definitions and financial ratios. The net worth statement may be filled out by hand on a printed version or on a computer with the available Microsoft Excel form.
Dan Childs serves as a senior agricultural economics consultant at Noble Research Institute. After receiving his bachelor’s and master’s degrees in agricultural economics from Oklahoma State University, he served in the United States Army by working in the Pentagon. Before joining Noble in 1978, he spent time with the U.S. Department of Agriculture and Oklahoma State University Extension service. He and his wife own and operate a small stocker operation.