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Each year, Alberta Agriculture and Forestry publishes the Cropping Alternatives (Crop Planning Guide) to help crop producers estimate the costs of producing various crops. This guide uses the most current production information and estimates of expected market values and costs.
Actual costs and yields on each farm will differ due to:
- selection of crop protection products and other inputs used
- age, amount and type of equipment
- agronomic practices
- soil class
- weather conditions
- other factors
Producers will use their own risk assessment and cost-benefit calculations in production decisions, which will determine the actual costs of production.
To address this, the Crop Budget Calculator was developed in 2019 and updated in 2020 to help crop producers do quick budgeting to estimate the cash cost of producing field crops on their farm. Farm managers can use the calculator to input their own costs in their calculations for decision-making.
Only expected yield, expected market price and estimated costs need to be entered. The tool will automatically calculate value of production, capital costs, marginal returns, and break-even yields and prices.
The calculator can handle up to 5 different crops or crop scenarios, and this tool provides the new printing function.
Key features and analysis include:
- cost of production
- cash production costs per acre on an annual basis (costs per acre)
- gross revenue estimates
- break-even prices and yield
Download the software
Check system requirements.
The estimated file size is 4 megabytes. To use the software you will need:
- Windows 2000, XP, Vista or 10
Download the calculator software.
Click the button below to download the application file to your computer. You will be prompted to Save the application file. You can save it either to your desktop for easy access, or to a location on your computer where you store management tools.
Run the Crop Budget Calculator.
To run the calculator, double-click on the ‘CBCalc.exe’ file in the location where you saved it.
Try a few different scenarios to become comfortable with the program. Then use the program to help make cropping decisions on your farm.
Crop pricing information changes continuously, so producers should adjust those figures accordingly to reflect their own expectations.
Connect with the Economics Section:
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