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Indiana Cost of Production Calculator

For most farmers, nailing down a precise cost of production per acre is a difficult task. Although broad ranges, informed guesses, and averages from several previous years are helpful, tight margin years emphasize the need for precise cost accounting. In response to the current margin environment, a team of Agricultural Economics graduate students, with the support of the Indiana Soybean Alliance and the Indiana Corn Marketing Council, developed an interactive tool and a support helpdesk to help Indiana farmers calculate their production costs. Built specifically for Indiana and grounded in region-specific benchmarks across six Indiana production regions (North, Northeast, West Central, Central, Southwest, Southeast), it gives farmers an accurate and locally relevant benchmark.

Farm Finance Lab: Turn Tax Data into Financial Management Insight

The Farm Finance Lab tool helps producers use Schedule F tax data and balance sheets to quickly generate financial ratios measuring profitability, liquidity, solvency, and financial efficiency. Users can upload documents or enter values manually, explore interactive gauges, and test scenario changes to better understand financial performance. The tool is free to use and does not store any user data.

Trends in the U.S. Farm Balance Sheet: A New Data Tool for Tracking Financial Strength

In December, the Center for Commercial Agriculture launched Trends in the U.S. Farm Balance Sheet, a new interactive data visualization built on USDA Economic Research Service farm income and wealth statistics. The tool highlights long-run trends in farm assets, debt, and equity—allowing users to explore changes by asset type, debt category, and lender, while also tracking key financial ratios over time. State-level farm real estate values are mapped, and every chart and dataset can be downloaded for further analysis. As balance sheet conditions continue to evolve, this tool provides a clear, data-driven way to monitor financial strength across U.S. agriculture.

Long-Run Cash Rent Spreadsheet Tool

Examine breakeven prices, earnings per acre, breakeven cash rents, and trends in working capital with this spreadsheet tool.

Flex Lease Computations Spreadsheet Tool

Need help setting a fair flexible lease agreement? This easy-to-use spreadsheet lets you plug in your own numbers—like crop budget line items, yields, and prices—to calculate lease rates and earnings per acre. Whether you’re negotiating a new agreement or comparing alternative, this tool helps take the guesswork out.

Pasture & Grass Hay Lease Spreadsheet Tool

Need help setting a fair lease rate for pasture or hay ground? This easy-to-use spreadsheet lets you plug in your own numbers—like stocking rates, hay yields, and land quality—to calculate a lease rate that works for both landlord and tenant. Whether you’re negotiating a new agreement or checking current rates, this tool helps take the guesswork out.

Crop Budget Spreadsheet

This spreadsheet can be used along with the Purdue Crop Cost & Return Guide to examine gross revenue, costs, and earnings for crop enterprises.  The user can evaluate up to three full-season crops, and the wheat double-crop soybean system. Updated March 2026.

Ag Lease 101: Lease Publications & Forms from NCFMEC

AgLease101.org helps both land owners and land operators learn about alternative lease arrangements and includes sample written lease agreements for several alternatives. Ag Lease 101 was created by and is maintained by the North Central Farm Management Extension Committee (NCFMEC).

Long-run Cash Rent

Examine breakeven prices, earnings per acre, breakeven cash rents, and trends in working capital with this spreadsheet tool.

Comparison of Conventional & Organic Crop Rotations (Spreadsheet Tool)

This spreadsheet compares conventional and organic rotations over a ten-year horizon. Specifically, net returns are compared for a conventional corn/soybean rotation, a conventional corn/soybean/wheat rotation, and an organic corn/soybean/wheat rotation.

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