FARM Tool Description
Welcome to the online Farm Cost and Return Tool (CART) page designed for beginning farmers and ranchers as part of the FAPRI initiative. This user-friendly tool serves as a valuable resource for individuals contemplating a career in farming or those who are already operating a farm. It features comprehensive data sourced from the FAPRI baseline and the USDA, covering a curated selection of commodities (as outlined below), along with historical production data, cost information, and projections for the next five years. Users can choose which commodities to grow, indicate the acreage dedicated to each crop, specify the number of livestock they own, and adjust yields, prices, and costs as needed. After constructing their farm profile and entering the relevant information, users receive a five-year forecast of costs and returns, which facilitates the assessment of potential profitability for various farming ventures. This tool is essential for making informed decisions in the agricultural sector.
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Farm Biz offers streamlined tax reporting and bookkeeping solutions specifically designed for farmers and ranchers. This all-in-one financial management software requires no prior setup or accounting expertise, making it accessible for everyone in the agricultural sector. Users can input a dollar amount along with two additional quantities, with enterprise data automatically included for each entry. Preconfigured reports are available at the click of a button, allowing you to print financial summaries for any accounting period with ease. You only pay once for the software, which comes with complimentary support and optional updates for continued functionality. Generating clear and customizable reports is straightforward; simply select from a comprehensive list of farm chart of accounts. Additionally, you can create master lists on the spot, including prices for products and services, ensuring they are readily accessible for future transactions. To protect your valuable data against system failures, our software includes a reliable backup and data restore capability. Furthermore, users can leverage vendor-preferred transactions during checkbook entries, which are calculated automatically and can be accessed in just two clicks, enhancing efficiency in your financial management process. This comprehensive approach ensures that managing farm finances is not only efficient but also stress-free.
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Integrations
No Integrations at this time
Company Details
Company:
Food and Agriculture Policy Research Institute
Headquarters:
United States
Website:
www.fapri.missouri.edu/Tool/
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Customer Support
Online Support
FARM Tool Features and Options
Financial Risk Management Software
Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation
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