farm-management

Budget vs. actual farm management is the most powerful in-season tool available to a farm operator, yet most operations use it as a rear-view mirror rather than a dashboard. Every farm sets a seasonal budget. Most discover how far they drifted from it at harvest. The gap between the budget established in February and the Read more The post Budget vs. Actual in Farm Management: Why Most Farms Find…

Farm cost tracking mid-season starts with one uncomfortable truth: the most expensive moment in cost management is not when costs overrun, it is when management finds out. In most large-scale farming operations, the gap between what is happening in the field and what finance knows about it spans weeks, sometimes months. By the time the Read more The post Mid-Season Cost Tracking on the Farm: Four…

Bookkeeping and taxes are two of the most common stress points for farmers, especially heading into tax season. In this webinar, we break down the foundations of farm bookkeeping in simple terms. We explain how to structure your chart of accounts using Schedule F, how to track revenue and expenses correctly, when purchases become assets, and how depreciation works. Good Agriculture CEO Alex Edqui…

Daily on a farm, hundreds of pieces of information are generated upon which farm management decisions are made. Making a right decision is crucial in securing high yields and maximize farms profitability. Although most farmers opt for traditional forms of increasing and improving the quality of crop yield, such as investment in new machinery or Read more The post Why Should You Invest in Farm Man…

Farmers have been growing food for generations without using farm management software. But in today’s fast-paced and highly competitive food production landscape, farm management software, or FMS, is critical to success. Why Use Farm Management Software? A farm management software program implemented in an agricultural operation leads to reduced expenses, increased yields, better yield quality, R…

Farmers run a highly complex business operation. Successful farm businesses use farm management software (FMS) to track their costs, make informed management decisions and scale their farm production for an improved bottom line.   Daily on a farm, hundreds of pieces of information are generated upon which farm management decisions are made. How farmers monitor and Read more The post Track Farm Co…

Keeping track of what is happening on the farm requires some records. Without written records, farmers have to depend on their memory when making decisions to modify their farm practices. Memories can become unreliable, particularly after a few days, months or years. Effective management of farming operations today requires that records be kept, so farm Read more The post Resources Deactivation i…

Present-day farm operations are becoming more and more business oriented. Farming is more than just producing crops, it requires farmers and landowners to address profitability, fertility, conservation, and tax issues to name just a few. Being a good producer is no longer good enough to remain in business. The key to becoming a successful farmer today Read more The post Benefits of Using Farm Man…

Running a successful agribusiness is not easy. To achieve profitable and successful production, farmers have to be skilled in various aspects of farm management. In other words, they have to be successful managers, accountants, consultants, and scientists who are very good at performing all types of field activities. Luckily, we live in the era of Read more The post Farm Management: The Importanc…