Missouri 



The state provides financial management counseling 

 through a program known as MOFARMS, the Missouri 

 Financial Advisory Resource Management Support Program. 

 The MOFARMS Program is a joint effort between the 

 Missouri Department of Agriculture and the University of 

 Missouri-Columbia Cooperative Extension Service. 



Through MOFARMS, farmers can work with professional 

 staff and trained financial consultants to review their 

 financial position, develop an individualized financial 

 plan, and evaluate alternatives to farming. Requests 

 for consultant assistance may be made by calling a 

 toll-free hotline number. The program operates on a 

 budget of approximately $250,000 and recently has been 

 expanded to provide farmers access to information not 

 limited to financial matters. 



North Dakota 



In 1985, the North Dakota Legislature enacted a 

 bill to provide for a farm credit counseling program. 

 The purpose of the program is to disseminate information 

 and provide advice and counseling to farmers regarding 

 farm credit problems.^ 



Under the program, the Commissioner of Agriculture 

 is required to appoint a program coordinator who may 

 hire necessary personnel and independent contractors to 

 act as farm credit counselors. 



Currently, the program operates with approximately 

 50 counselors statewide. The counselors provide 

 expertise in farm management, financial analysis. 



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