Tracking Your Cost of Production Amid Rising Input Prices with Glennis McClure

As input prices for materials like fuel and fertilizer continue to climb, it’s important for farm managers to keep track of cost of production. The University of Nebraska-Lincoln’s crop budgets can be used as a guide for producers to prepare their own enterprise budgets, and be easily customized – especially in the new online Ag Budget Calculator tool. For more on the importance of tracking cost of production, and how price changes like the ones we have seen lately can impact the bottom line, we talk with Glennis McClure, extension farm and ranch management analyst with the Center for Ag profitability. Read more at https://cap.unl.edu/management/where-your-cost-production-now-and-10-year-glance-back-costs-and-profit-margins.