New Feature Friday - Farm P/L Scenario Analysis

Nick Horob

In this week’s New Feature Friday, we review our tool that allows you to analyze farm profitability scenarios under 250+ different price and yield outcomes.

Our farm P/L scenario analysis tool uses your acutual sales (forward contracts, cash sales, HTAs, futures hedges (options to come shortly)) and cost of production to build you a “living and breathing” view of your future farm profitability.

You can use this tool to quickly analyze the impact of:

  • Different levels of crop insurance
  • Increased/decreased expenses
  • Higher/lower future basis levels
  • The effect of additional cash sales/hedges

One of the hardest things to do as a farm owner, is to keep making proactive risk management decisions in a rallying market. The market does a very good job of making us look foolish for our early, “cheaper” sales. A tool like this will allow us to focus on the impact of future decisions rather than having us reflect on past decisions. In farming we need to learn from the past but focus our attention on actions we can take to benefit the farm today.

See below for a video highlight of this feature.

Also, if you’re interested in trying out the software click the demo button below.

Click here for a demo
Nick Horob

Nick Horob

Passionate about farm finances, software, and assets that produce cash flow (oil wells/farmland/rentals). U of MN grad.

Fargo, ND
Related Posts
New Feature Friday - Daily P&L Comparison

In this post we discuss a simple software feature that allows producers to focus on what matters to their farm, their bottom line.

Read More »
Farm Business Best Practices Webinar Replay

In this post, we highlight a replay of a farm business management best practices webinar we conducted.

Read More »
New Feature Friday - Grain Contract Tracking

It's our mission to help family farms thrive in an ever-volatile farm economy. In this blog post, we discuss one of the building blocks of our farm finance software: grain contract tracking.

Read More »