Management moment: Know your machinery costs

Discover why calculating and managing your machinery costs is so important for your bottom line.

Video Highlights

  • You can optimize machinery costs by sizing your machinery appropriately for your operation and being open to sharing, renting or doing some custom work.
  • Knowing your machinery costs per acre is crucial to get an accurate picture on how you stand relative to producers with similar operations, and will help you decide whether to purchase or rent machinery in the future.
  • Machinery cost calculators are available online and can help you calculate and manage your costs.