Finance-Accounting

While understanding your cost of production is an important metric, it’s also a valuable tool to help you make decisions on a day-to-day basis in order to make your farm more profitable.

His bank worked with producers to restructure their debt amid the crisis, but a large number of those producers have refinanced two and sometimes three years in a row to the point where the bank can no longer help them.

With this year’s drawn-out and stressful planting season in the books, now is a good time to assess your financial position.