Total Farm Profit/Loss Notifications
Let’s track what’s really important in your farming operation!
More and more companies offer you the ability to receive weather-based notifications. It’s also easy to receive target price notifications on whatever futures contract you’d like.
We’re taking this to the next level.
In advance of the 2017 growing season, our users will be able to receive notifications based on their projected farm P&L. Examples include:
- Notify me when my projected total farm profit exceeds $200,000
- Notify me when my projected total farm profit falls below $20/acre
- And a sad, but true, reality: notify me when my total farm profit exceeds $0
These are notifications are based on your farm’s cost structure (variable and overhead), current grain sales, local basis levels, and minute-by-minute futures price changes.
While you’re focused on growing the best crops you can, we’re focused on helping you grow and protect your bottom line.
Many Ag Tech companies are trying to use technology to help you craft the perfect seed/fertilizer/chemical presription. The goal of maximizing yields is a key ingredient to farming success but we need to do it with a focus on the bottom line.
While much of the current yield-focused Ag Tech is definitely valuable, it’s our mission to help farmers with the “Business of Farming”. We’re working hard to help our users make more profitable and less emotional farm business decisions while using the best-of-breed technologies they expect.
Furthermore, we’re 100% employee-owned and customer-funded so our sole goal is helping our users maximize their investment in our platform. If are users don’t succeed, we won’t succeed.
How can we help your operation? Email us any time with questions/comments/suggestions: support at harvestprofit.com. We’d love to hear from you.
Also, if you’d like to jump into a live test account click the button below.
Passionate about farm finances, software, and assets that produce cash flow (oil wells/farmland/rentals). U of MN grad.
Grain Marketing can be an Emotional Roller Coaster
Grain marketing is hard! Volatile commodity markets lead to frustration, greed, and indecision. Today's farmer needs to work hard to find a risk management system that allows them to make less emotional, and more profitable, grain marketing decisions.Read More »
A Simple Formula for Higher Farm Profits: The 5% Rule
Small changes can lead to large increases in farm profitability. Farms should focus on making incremental improvements to yield and price while reducing overhead expenses. This ROI-focused approach is a key step in building a successful business, farm businesses included.Read More »
New Feature Monthly - Activity-Based P&L
Farms need to evaluate their performance on an accrual basis. Accrual-based accounting records revenues and expenses when they are incurred, regardless of when cash is exchanged. This is concept is a building block for successful farm business management. We're working to make this easy for our users.Read More »