AgriProfit$ crops and forages benchmarks

Dec 15, 2020

Use benchmarks to identify potential strengths, weaknesses, opportunities and threats to your operation

‘Cost and returns benchmarks provide valuable management information for producers,’ explains Manglai, crops economist with Alberta Agriculture and Forestry.

‘These averages are calculated from the individual producer’s data collected for the growing season through the AgriProfit$ program. This helps producers compare their unit costs to real average crop production costs.’

Manglai says this process enables producers to measure and manage specific areas of their operation with a focus on improved profitability. ‘Managing unit costs of production is one of the most significant strategies producers can employ to ensure profitability and longevity of their business.’

The cost and returns benchmarks for crops and forages are analysed by crop and soil zone. Soil zones include black, brown, dark brown, grey, Peace, irrigated regions and dryland regions.

For each crop and soil zone combination, benchmarks list average costs and returns for the region plus an average of the top performers.

‘The total versus top performers’ comparison is designed to highlight the profit and risk associated with the pursuit of cost reduction, operational improvement or focused management strategies. Benchmarks also contrast costs and returns on owned versus rented land, indicating potential profit opportunities.’

Find historical crop and forage benchmarks.

Source : alberta.ca

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.