Production Economics
Cost of production is important for crop producers as it helps in showing the allocation of resources, analyzes profitability, estimates future cash flow and shows return on investment. The budgets, publications and tools below can help you understand and enhance your financial management.
Budgets
Custom Rates
Farm Machinery
- Machinery Cost Estimates (Minnesota)
- Machinery Cost Calculator (Minnesota)
- Farm Machinery Papers (Kansas State)
- Machinery Management (Iowa State)
Other Input Prices
- Fertilizer Use and Price (USDA)
- Gasoline and Diesel Fuel (US EIA)
- Diesel Fuel Outlook (Kansas State)
- Farm Labor (USDA)
- Agricultural Prices (USDA)
Accounting and Taxes
- Missouri Farm Accounting Resources (Missouri)
- Farmer’s Tax Guide (IRS)
- Ag Tax Tidbits (Missouri)
- Rural Tax Topics (Utah State)
Lease Publications
- Fixed and Flexible Cash Rental Arrangements (NCFMEC)
- Crop Share Rental Arrangements (NCFMEC)
- Pasture Rental Arrangements (NCFMEC)
Lease Forms
- Cash Farm Lease Form (NCFMEC)
- Crop-Share Farm Lease Form (NCFMEC)
- Pasture Rental Lease Form (NCFMEC)
Land Value
- Missouri Farm Land Values Survey (Missouri)
- Farm Land Values (Missouri)
- Agricultural Land Values (USDA)
Cash Rent
- Cash Rent Rates in Missouri (Missouri)
- Cash Rent Rates in Missouri by County (USDA)
Finance and Business Planning
- Farm Finance (Kansas State)
- Financial Resources (Iowa State)
- Transition & Estate Planning (Iowa State)
- Interpreting Financial Statements (Minnesota)
- Strategic Business Planning (Purdue)
Tools
- Replant Decision Aid (Missouri)
- Delayed Planting and Replanting Insurance (Missouri)
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