CROPS
Corn
Soybeans
Wheat
Canola
Field Guide
Pulse
Cotton
Hay & Forage
Horticulture
Yield Data Centre
LIVESTOCK
Swine
Beef
Dairy
Poultry
Equine
EQUIPMENT
Used Farm Equipment
Farm Equipment Dealers
Machinery News
Technology
Cool Tools
OTHER RESOURCES
Ag Industry News
Agriculture Apps
Agriculture Associations and Organizations
Business & Finance
COVID-19 Resources
Farm Auctions
Farm Energy
Farm Real Estate
Farm Safety
Farm Supplies
Farm Videos
Government & Policy
Mental Health
Precision Ag Conferences
Reflections on Farm & Food History
Rural Lifestyle
Weather
Farms.com Group Businesses
Media & Publishing
Careers
Software & Services
Production Farming
Farms.com Home  › News

MyFarm Crop Management Calculator

Jun 01, 2016

Subscribe to our Newsletters
The MyFarm Crop Production Cost Calculator (XLS 817KB) enables farmers to estimate the annual cash cost of producing field crops on their land. Knowing the cost of production is essential to management, marketing strategy and risk management planning and to giving a farm the best opportunity for overall profitability.
 
 
MyFarm Example Farm (XLS 1.11MB)
 
 
MyFarm calculates:
  1. marginal returns
  2. break even yields
  3. break even crop prices on total production and remaining unsold inventory
  4. land and machinery cost analysis
  5. cash based financial ratios
Key Features:
  1. based on guidelines for estimating crop production costs (simple and easy to use)
  2. cash production costs on an annual basis (bushel, acre and total farm)
  3. can be used for pre-season planning, growing season management and crop marketing before and after the crop is in the bin
Key analysis:
  1. cost of production
  2. costs per bushel, per acre and total farm
  3. gross revenue estimates
Marketing:
  1. break even prices and yield
  2. average price sold to date
  3. break even price on remaining unsold production
 
Source : Manitoba Agriculture, Food and Rural Development

Trending Video

Electric tractor

Video: Electric tractor

Host and Agriculture research extension Engineer, Dr. Uduak Edet chats with Jason Bourcier, Operations Manager at Glenlea Research Station in Manitoba, about his experience with electric tractors and insights its features, and how it compares to traditional diesel tractors in terms of operation and power output.
 
Canada’s Agriculture Day coming in 2017
Ontario government doubles Feeder Cattle Loan Guarantee Program

Business News by Better Farming

General News by Better Farming

Forums by Agriville.com

RB Auctions Saskatoon ›
The future of mega farms. ›
2024 Saskatchewan Farmland Study ›
Geo-Political War Risk Premium: How Conflict is Fueling Commodity Prices ›
Friday Crop Report third week of June. ›
Strait of Hermuz ›
What’s in the June 21 st rain gauge ›

Machinery News by Better Farming

AGCO Announces Agreements Reached with TAFE on Key Commercial and Other Issues
AGCO Announces Agreements Reached with TAFE on Ke... ›

Crop News by Better Farming

Alberta Grant Helps Farmers Hire and Train Class 1 Drivers
Alberta Grant Helps Farmers Hire and Trai... ›

Livestock News by Better Farming

Alberta Grant Helps Farmers Hire and Train Class 1 Drivers
Alberta Grant Helps Farmers Hire and Trai... ›

Sponsored Links: 

Highest Yielding Soybeans,  PigCHAMP Grow-Finish,  Precision Agriculture,  Swine Reproduction Software
Subscribe to our Newsletters Download Farms.com Apps Advertise with us
This website uses tracking tools, including cookies. We use these technologies for a variety of reasons, including to recognize new and past website users, to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests.
You agree to our Privacy Policy and Terms of Access by clicking I agree.