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This section is filled with tools for making sound financial decisions for your farm or rural business.
You’ll find interactive Farm Software and Worksheets for record-keeping and decision-making as well as benchmark information to help you budget Cost of Production and Machinery Costs. The Risk Management and Tax Management pages will help you maximize the long-term stability and profitability of your business.
How well do you know your financial situation? How does this knowledge affect your working relationship with your lending partner(s)? Does the strength of this relationship matter? You bet is does. Bankers/lenders form one of the cornerstones of the agriculture and agri-food industry. They have the dollars to help you finance expansions, market new products or help get you through difficult times.
The CROPPLAN Production Cost, Marketing and Management Calculator enables farmers to estimate the annual cash cost of producing field crops on their land. Knowing the cost of production is essential to management, marketing strategy and risk management planning and to giving a farm the best opportunity for overall profitability.
The Beef Cattle Budgets and Tools enables farmers to determe the costs and returns associated with beef enterprises. Producers are encouraged to learn about these tools and share them with fellow producers.
Your Farm's Immediate Future
As we head into harvest, many farmers will be out in the fields getting things done. While the final numbers on inventory won't be in for a few weeks, it is worthwhile to start thinking about how your operation migh look after harvest or round-up.