#RightRisk #RiskInAg #AgRiskMgt
HAVE you ever tried to estimate the cost of production for enterprises on your farm/ranch?
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.
The Enterprise Risk Analyzer tool is one of over 30 individual risk analysis tools developed by RightRisk and available free of charge at: RightRisk.org/analytics.
