Do you know your cost of production? Publication 60 – Field Crop Budgets can help. The 2020 Field Crop Budgets are now available. These crop budgets are a tool for estimating expenses. The sample costs are only a guide to illustrate a method of preparing your projections. They are based on many assumptions, including seeding rates, levels of fertilizer use, etc. Due to regional differences, there may be considerable variation in results.To project your break-even price after total costs, enter your farm figures in the spaces provided. The resulting estimate will help you choose your crop mix and set target prices and marketing strategies for your farm.
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LFO Adapting to Low Lamb Prices Summit
On April 30, 2013 Large Flock Operators from across the province gathered to discuss the drop in lamb prices. The following speakers gave presentations on how to respond and adapt to low lamb prices. John Molenhuis is the Business Analysis and Cost of Production Lead at OMAF and MRA. A presentation on reducing production costs was given in Elora. The slides from the presentation are available in the link below called Attacking Major Cost Centres. Attacking Major Cost Centres Additional materials: Ewe flock cost of production (COP) calculator. Lamb Finishing COP calculator Ontario Enterprise Budgets (select Farm Business Decision Calculators) Farm Budget Database – Farm Management Canada Jennifer Stevenson is the Manager of Beef Cattle, Sheep, Goats, Alternative Livestock and Aquaculture at…
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