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New cropping business tools available

The 2018 versions of Cropping Alternatives and the new Crop Budget Calculator tool are now available. They allow producers to project costs, margins, and break-even yields for potential crops.

Cropping Alternatives “forecasts margins based on benchmark yields, current cost of production, expected revenues, and costs by soil zone. With this information producers can get an indication of their margins by dollar per acre,” said provincial crops economist ML Manglai.

This year’s version features the Crop Budget Calculator, a new tool that automatically calculates the value of production, variable costs, total capital costs and contribution margins, break-even yield, and break-even prices.

Both publications are available at the Alberta Agriculture website.

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