Pencil Out How You Did This Year

Use the acceptable crop price worksheet on this page to determine breakeven prices for your crops.  The worksheet was prepared by U of M regional extension educator David Bau, and can also be found online at www.extension.umn.edu/agbusinessmanagement - Under Publications, scroll down to the bottom of the page and see ‘Acceptable Crop Price Worksheet.’ Links to other worksheets and spreadsheets online that can help you crunch numbers electronically:

NDSU Crop Budgets -- www.ag.ndsu.edu/pubs/ecguides.html -- Calculates revenue, costs, and cash flow by crop and whole farm. Select Excel spreadsheet for your region, or spreadsheet for no-till, organic, or irrigated crop production.

SDSU Crop Budget Spreadsheets --  http://econ.sdstate.edu/Extension/otherlinks.htm -- Excel spreadsheets that may be used to estimate revenues and costs per crop.

Iowa State Ag Decision Maker Breakeven Worksheet for Crops --  www.extension.iastate.edu/agdm -- Use this decision tool to find cash-flow requirements per acre and break-even selling prices per bushel or ton for individual crops. In the menu at left under crops, click on ‘cost and return’ then ‘Estimated Costs of Crop Production A1-20’ – a number of budgets here, scroll down to ‘Breakeven Worksheet for Crops’ under ‘other decision tools.’

Univ Ill Breakeven Analysis --  www.farmdoc.uiuc.edu/fasttools/index.asp -- Estimates breakeven prices and produces a simple cash flow for a grain farm. Under ‘Quick Tool Downloads’ click on link at ‘Complete list of FAST Tools’ then see the Breakeven Analysis under ‘Farm Management’

Alberta Crop Enterprise Analysis -- www.agric.gov.ab.ca/soil/moneymap.html -- Estimate costs and revenues on a per acre basis for a set of selected crops within a given soil zone. Click on ‘Calculators.’ Under ‘Cost of Production’ click on ‘Crop Enterprise.’