Crop Budget Analyzer helps calculate cost of production : vi

Crop Budget Analyzer helps calculate cost of production


Farm Progress
CROP COSTS: The Crop Budget Analyzer will calculate the total costs for direct production inputs for a crop.
Field Fodder: University of Wisconsin-Extension’s Crop Budget Analyzer was updated last spring.
Kimberly Schmidt | Jan 01, 2021
When we’re in the midst of snow and colder temperatures, it’s hard to believe that in a few short months, fieldwork will start. Have you begun planning for your spring planting budget? As crop production input costs continue to rise, a well-thought-out budget with the ability to be flexible is an important step in growing a profitable crop.
Create crop budget
University of Wisconsin-Extension has a tool to help you create that budget: the Crop Budget Analyzer. The Crop Budget Analyzer is a set of spreadsheets that allow producers to enter in expenses and potential income. Starting from the top of the spreadsheet, a producer can enter in purchase costs for products such as fertilizer (price per ton) or seed (price per bag), and then enter in the amount used per acre. The spreadsheet will calculate the total direct production inputs for the crop using the following expenses: fertilizer, seed, miscellaneous (soil test, custom fertilizer spreading, crop scouting service), pest management (weed control, fungicide) and irrigation.

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