#RightRisk #RiskInAg #AgRiskMgt
HAVE you ever tried to estimate the cost of production for enterprises on your farm/ranch?
RightRisk and available free of charge at: RightRisk.org/analytics.
ESTIMATING YOUR COST OF PRODUCTION can be a daunting challenge. The Enterprise Risk Analyzer (ERA) tool can help evaluate farm/ranch enterprise performance, beginning with just an IRS Schedule F. ERA analysis includes whole farm/ranch net return, enterprise net return, break-even prices, and breakeven yields. ERA also provides risk estimates based on user projections for commodity prices and yields. Providing probability estimates for earning a given level of net income, a break-even price, or a given break-even yield.
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