Interpreting Financial Statements and Measures

Welcome to TAAforFarmers.org

The Trade Adjustment Assistance (TAA) program for Farmers delivered technical assistance to producers of agricultural commodities and fishermen who have been adversely affected by import competition. The TAA program delivered training to nearly 10,000 producers of Catfish, Asparagus, Maine Wild Blueberries, as well as Shrimp and Lobster fishermen.

Profitability measures

You can view any of the free online training courses developed for the TAA program. TAA participants also completed business adjustment plans using AgPlan (http://AgPlan.com), the online business plan writing app; or AgTransitions (http://AgTransitions.umn.edu), an online transition planning app. Since the end of TAA the AgPlan development team has developed a fishing specific software call FishBizPlan (http://FishBizPlan.org).

Unfortunately, this program has ended because federal funding for the program was cut. If you have questions related to TAA for Farmers, please contact the Center for Farm Financial Management at cffm@umn.edu

Section Image Profitability measures how much money the business is making. But how much income is enough income? Well, it depends…


  •   Net farm income
      Rate of return on assets
      Rate of return on equity
      Relationship between ROA and ROE
      Operating profit margin
      Asset turnover rate
      Profitability drivers
      Test your knowledge