Crop Cost: The Number 1 Expense You Need To Know
Crop Cost: How Much Have They Cost Me? Understanding the cost of producing crops is fundamental for any farmer aiming for a sustainable and profitable agricultural business. It’s not just about how much you spend on seeds or labour; it encompasses a broad range of factors from fertilisers to equipment maintenance. Fortunately, modern farming software […]
Managing Returnable Assets, Trays & Pallets
Managing Returnable Assets, Trays & Pallets In modern supply chain management, the effective handling of returnable assets such as trays and pallets has emerged as a key focal point. These seemingly simple objects play a vital role in logistics, storage, and transportation. However, they can easily become a significant cost centre if not managed properly. […]
The difficult decision between long term sustainability and short-term costs
Sustainability is defined as the ability to meet the needs of the present without compromising the ability of future generations to meet their own needs. It involves using resources in a way that allows them to be replenished and reused over time. Sustainable practices help to conserve natural resources, reduce waste, and minimise the impact of business operations on the environment. Sustainability is increasingly becoming a key factor in consumer purchasing decisions, with many consumers willing to pay a premium for products that are sustainably produced.
What types of crop costing models are there?
What types of crop costing models are there? Crop costing is the process of determining the costs associated with growing a particular crop. This includes both fixed costs, such as equipment and land, as well as variable costs, such as seeds, fertilizer, and labour. By calculating the total costs of growing a crop, you can […]
LiveFarmer; automated crop costings
LiveFarmer is a software platform that uses data and artificial intelligence to automate crop costing for farmers. The platform collects data on various factors that affect crop production, such as soil quality, and seed costs.
Why is crop costing so important?
Why is crop costing so important? Farmers and agricultural businesses need to determine the financial feasibility of growing certain crops. Crop costing allows you to calculate the costs of production, such as seed, fertiliser, labour, and equipment. This information is then compared to the expected revenue from the sale of the crop. This information is […]
5 Truly Awesome Types of Farm data analysis costing models
What types of farm data analysis models are there? Farm data analysis is the process of determining the costs associated with growing particular crops and/or farm running costs. This includes both fixed costs, such as equipment and land, as well as variable costs, such as seeds, fertiliser, and labour. By calculating the total costs of […]