Project ID

M2007-16

Abstract

Education on financial management techniques, individual assistance, and valuable information was provided to several of Iowa's small meat processing firms.

Key Question

How can farmers learn to price their products appropriately?

Findings

An Iowa farmer can learn how to price alternative products such as specialty grains, meats and table food items. For example, an ISU extension specialist plans to utilize the project's costing system to price specialty soybean products, such as oils, for markets. The specialty soybeans are grown by a consortium of Iowa farmers. Another example is the hog producer who attended a recent Leopold Center conference, who could use the costing method to price his custom-processed products for the retail market.

Principal Investigator(s)

Veryl Anders

Co-Investigator(s)

Brenda Martin, Matthew Wenger

Year of Grant Completion

2008