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Cost of production

Calculate your true costs

https://www.fcc-fac.ca/en/knowledge/calculate-your-true-costs.html

Knowing your cost of production and your cash flow needs are essential elements of a good marketing plan.

Ask an expert: Know your cost of production

https://www.fcc-fac.ca/en/knowledge/ask-an-expert-know-your-cost-of-production.html

Grain marketing expert Tyler Russell explains how to start creating your risk management plan. Find out what to include, why it's so important to have one and how to prepare for an unexpected change.

3 financial ratios to measure farm financial success

https://www.fcc-fac.ca/en/knowledge/3-financial-ratios-to-measure-farm-financial-success.html

How calculating liquidity, solvency and profitability can help you manage your cash flow, manage debt and stay profitable.

3 things to consider when upgrading grain storage

https://www.fcc-fac.ca/en/knowledge/4-things-to-consider-when-upgrading-grain-storage.html

There are many advantages to storing your grain onsite. But while adding more capacity is great, it's important to have a master plan.

Buy or lease farm equipment: What's right for you?

https://www.fcc-fac.ca/en/knowledge/buy-or-lease-farm-equipment-whats-right-for-you.html

Deciding to buy or lease farm equipment can be difficult. Lance Stockbrugger explains the differences and how it can affect your cost of production.

Do the math when setting prices to sell locally

https://www.fcc-fac.ca/en/knowledge/do-the-math-when-setting-prices-to-sell-locally.html

When selling to a local market, it's important to know your operating costs and how to set the right price for your product.

Take baby steps to bigger profits

https://www.fcc-fac.ca/en/knowledge/take-baby-steps-to-bigger-profits.html

Learn how the 5% rule could change the way you run your farm and can make a big impact on your revenue.

Skill versus scale

https://www.fcc-fac.ca/en/knowledge/skill-versus-scale.html

Farm size matters when it comes to maximizing profitability, but bigger isn't always best. Read on to find out why efficiency should come before expansion.