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Central Florida | These decisions are guesses until you actually analyze it. There is a valuable tool to compare high yield programs versus normal practices. Checkout this website for the Crop Budget Generator (CBG)
Updated November 17, 2009 http://www.fapri.missouri.edu/farmers_corner/tools/index.asp?curren...
This program will show you what your cost per bushel and profit per acre is by field. How many growers really know what their cost per bushel is? If you don't know that, how do you know what price you need to have to start making a profit.
We have used this program to see whether the expense of raising 70 bushel soybeans will have an ROI that makes it worthwhile. Bankers love this program and it made a big difference for some growers when they showed it to their banker . | |
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