Learning Center

Find resources and articles to help you navigate financing and crop insurance for your farm, home or acreage.

More Content

Calculating Your Cost of Production Takes the Uncertainty Out of Your Decisions

Knowing your cost of production is essential to making sound business decisions. Profitable marketing depends on this calculation. Your cost of production also can inform decisions about expanding your operation, making new investments and more.

You will find plenty of online spreadsheets to help you calculate your cost of production. Producers also have more access to data than ever before. It can all feel overwhelming, whether you are taking your first crack at calculating your cost of production or turning the resulting insights into meaningful and decisive actions.

At Farm Credit Services of America, we have an e-learning program to help apply this important financial tool to your operation. The program focuses on the "why" behind using cost of production numbers and the application to different business decisions.

This free program is broken into five modules, each of which serves as a building block for the next module. Each can be completed in 10 or fewer minutes. They include:

  • Laying the Foundation – Financial Terms
  • Cost of Production Basics – How to Calculate
  • Cost of Production Basics – Checklist for My Operation
  • Try It Out – Do the Math
  • Try It Out – Make Decisions

YOU MIGHT BE
INTERESTED IN

Jan 27, 2021 | Crop Insurance

Drones Speed Crop Insurance Audits

When you select a crop insurance agency, you are choosing an entire team of companies to support your operation.

Mar 12, 2020 | The Business of Agriculture

Using the Power of Cash Flow Projections to Manage Your Business

That kind of knowledge is power, yet less than a quarter of producers prepare a cash flow statement.

Apr 19, 2021 | The Business of Agriculture

Side by Side Digital: The Art of the Side Hustle

Our latest educational offering aimed at young and beginning producers looks at key steps for ensuring a side hustle is a good investment of your time and resources.

Ready to Talk?

Contact us if you have questions or need more information. Fill out the form, or connect with your local office using the Office Locator.

FCSAmerica serves farmers, ranchers, agribusinesses and rural residents in Iowa, Nebraska, South Dakota and Wyoming. For inquiries outside this geography, use the Farm Credit Association Locator  to contact your local office.