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Tool

Cover Crop Decision Making Tool

This spreadsheet can be used to examine whether it is beneficial to use a cover crop. When evaluating cover crop use, we typically compare the potential improvement in crop yields, and fertilizer and other cost savings to the cover crop seed cost, the planting costs and potential termination costs for the cover crop.

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Fungicide Decision Making Tool

This spreadsheet can be used to examine whether it is beneficial to apply fungicide to corn. Sensitivity analysis pertaining to the change in yield improvement, the change in corn price, change in the crop price discount, and the change in treatment and application cost can be conducted.

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Measuring & Analyzing Farm Financial Performance

Compute accrual net farm income, and key financial ratios and repayment capacity measures from Schedule F information and beginning and ending balance sheets.

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2018 Farm Bill What If Tool

This University of Illinois spreadsheet calculates Agricultural Risk Coverage for County Coverage (ARC-CO), Agricultural Risk Coverage for Individual Coverage (ARC-IC), and Price Loss Coverage (PLC) payments. County yields and market year average (MYA) prices are brought in for a user-specified state-county-crop combination. Users then can change 2018 through 2020 county yields and prices to see ARC-CO, ARC-IC, and PLC payments under those yields and prices.

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Pro forma Financial Statements

A spreadsheet to create pro-forma income and sources and uses of funds statements, and to compute repayment capacity and liquidity measures.

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Silage / Earlage Decision Aid

This South Dakota State University Extension Silage/Earlage Calculator is designed to help corn and livestock producers answer questions regarding the value of standing fields of corn either as grain, silage and earlage.

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Corn Silage Production Budget

This Ohio State University spreadsheet calculates a corn silage production budget. Without some form of budgeting and some method to track your enterprises’ progress you’ll have difficulty determining profitability and if you’ve met your goals for the farm.

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Prevented Planting and Replant Decisions

With corn and soybean planting in the Eastern Corn Belt behind schedule, many farmers are dealing with prevented planting and replant decisions. In response, we have put together materials pertaining to these decisions.

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Long-Term Cash Rent Decisions Using A Cash Rent Decision Tool​

Recorded December 18, 2015 | A demonstration of use of a cash rent spreadsheet tool to calculate breakeven cash rents, compare the breakeven cash rent to local market rents, compute the market rate premium (if any) above the breakeven rate and the impact paying premiums could have on a farm’s liquidity over the course of the next five years.

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Evaluating Your Farmland Rental “Options”

Gross revenues for most Indiana corn and soybean farms reached unprecedented levels during 2006 through 2013, but declined sharply in 2014 and 2015. The revenue decline, which will be exacerbated on many Indiana farms by yield reductions caused by this spring and summer’s excessive rainfall, is putting tremendous pressure on operating margins.

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