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RSS By: Chris Barron

Chris BarronHave a margins question? Through this blog, you will gain insight into improving your bottom line, as a margins expert answers questions and provides farm business advice.

 

Download this Spreadsheet to Calculate Your Cost of Production

Jan 16, 2013

Filling out a simple spreadsheet can really help you get a handle on operation’s costs and profit potential. Download my Cost of Production worksheet, which helps you determine the number of bushels you need to produce, per acre, to cover or exceed your costs.

Just plug in your name, total acres, the crop and your market price and yield goals.

Then, you can fill in all of your expenses, on a per-acre basis. Also, be sure to include your return to management costs, which is how much money you want to make in that given year.

The spreadsheet will automatically calculate your total expenses, gross profit and return on investment. Then you can start adjusting your market price or yield levels, and it automatically updates everything

Listen to my audio report about the spreadsheet:
 

 

Have a question about the spreadsheet? Email me at cbarron@cb-farms.com.
 
Hear more audio reports with me and find additional tools in AgWeb's Profit Center.

 

 

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COMMENTS (1 Comments)

Cowlady Kim - King City, MO
Do you have a worksheet like this for cattle?
4:59 PM Jan 18th
 

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