In these workshops, extension educators will discuss the forces that are driving input costs and commodity prices, fertilizer recommendations based on soil test results, and preparing cost of production budgets.
Accounting software can greatly improve the financial record-keeping of farms and ranches, but it is not a foolproof method of record-keeping. Here are some tips for keeping more accurate digital records, regardless of the software you use.
This Center for Agricultural Profitability article highlights the role of expected revenue in relation to production costs in making the grain marketing decision as well as the creation and importance of your farm’s average selling price.
Annual forages are a useful tool to help manage erosion risk and build more resilient soil profiles. When planting annual forages to manage risk, producers may want to consider purchasing a crop insurance policy under the Annual Forage Insurance Plan (AFIP).