Farm business decision calculators
Learn how to evaluate farm business decisions using these calculators as a tool. This technical information is for farm owners and operators.
Cost of production for crops and livestock
These budgets help producers evaluate the economics of production decisions and assess the potential impact of production and marketing risk factors and risk management strategies. You can enter data specific to your operation, with calculations performed automatically, and view, modify, and print the results for your own use.
Crops
Harvest decision calculator
The harvest decision calculator helps growers analyze the most profitable strategy for each orchard and consider whether the crop is worth harvesting. Growers with a partial crop are looking to determine what situation would be advantageous to harvest. A typical rule to follow is to harvest only if the added returns from harvesting exceed the relevant additional costs associated with harvesting.
Equipment and land
Custom farmwork rate calculator
The custom farmwork rate calculator allows you to calculate what to charge for custom farmwork. Also included are charts of machinery costs that are required for the calculations, the survey of Ontario custom farmwork rates charged in 2018 and a fact sheet containing the 2018 survey of custom farmwork rates charged in Ontario and a guide to writing custom farmwork agreements.
Short-term equipment rate calculator
The short-term equipment rental rate calculator allows you to calculate what to charge for short-term equipment rentals.
Machinery cost calculator
The machinery cost calculator contains a machinery cost calculator, cost charts, a fact sheet on machinery budgeting and a comparison worksheet that looks at machinery replacement options including purchase, repair, lease and custom hire. It also has a simple cash basis lease worksheet.
Land cost tools
The land cost calculator allows you to examine the cost of owning land and what you can afford to pay for it using a number of worksheets.
Business investment and recordkeeping
Farm financial analyzer
The Farm Financial Analyzer is a farm analysis program designed to measure profitability and financial efficiency. The program allows you to enter financial information from your income tax statement and uses it to analyse your business performance. Your farm business can be compared with benchmark information from farms who have participated in the Ontario Business Risk Management Programs. A farm financial planner section allows you to see the results of changing revenue and expenses.
Capital investment worksheet
The cash basis capital investment worksheet provides farmers and farm advisors with a reliable tool to assist in the management decision making process of capital investment.
Cash flow planning
Cash flow planning can be used in cash flow planning and calculating key ratios.
Farm financial analysis and planning workbook
The Farm financial analysis and planning workbook contains a full set of current and projected financial statements including a cash flow statement, debt servicing and inventory worksheets.
Selling food directly to consumers
Performance analysis by marketing channel
The performance analysis by marketing channel allows you to calculate or compare margins across six distinct market channels:
- roadside stand
- on-farm market
- pick your own/U-Pick
- farmers' market
- community supported agriculture
- online store/delivery service
On-farm processing recipe-based costing tool
The on-farm processing recipe-based costing tool allows you to analyze the impact of changes in recipe, ingredient costs or packaging size on product margin.
Cost of meat processing tool
The cost of meat processing tool allows you to calculate the cost of meat processing per meat product by summarizing the costs of animal transport, slaughter, further processing into cuts transport cost for meat pickup.