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Learn more via the APPLIED RISK ANALYTICS series, covering the application of RightRisk Analytics risk analysis tools, available for download at: RightRisk.org/appliedriskanalytics

MACHINERY AND EQUIPMENT is often one of the largest expense categories for a farm or ranch operation. Many producers do not know their machinery and equipment cost for a given activity. Some expenses, such as fuel, repair, and other general costs are fairly easy to quantify; calculating individual expenses for a given machine and field activity is more difficult.

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