Cost of production
There’s a lot to digest in your 2020 financials. Operating income tells you more about last year’s results than perhaps any other number – here’s what you can do with it.
Benchmarking can improve farm financial performance, but consistency and context is key.
The 2021 sector outlook shows profitability as the economy and foodservice sectors recover, but also a rise in feed costs.
From our 2021 Dairy Outlook, producers can expect improved profitability with economic recovery but increased production costs are a wild card.
Why lumber prices are increasing, the impacts on construction costs and strategies to offset these price fluctuations.
With a growing farm, it’s more important than ever to make budget tracking an active part of the farm business.
Following your farming dream is something Ben Campbell of Grazed Right Ranch knows well. Find out what goes into successful small scale farming and how you can start a farm from scratch.
Cost of production is foundational and imperative to maximizing profits and minimizing potential losses.
Our updated dairy outlook for 2020 indicates the dairy industry is recovering from the COVID-19 shock, but the future is still uncertain.
Cost of production analysis can be useful for both big and small farm management decisions. And it all starts with good farm record keeping.