The University of Arkansas, Division of Agriculture 2018 Crop Enterprise Budgets are now available online.
“Budgets are available as a printed manuscript and as interactive files that allow users to change inputs and prices to fit each producer’s unique situation,” said Breana Watkins, program associate, Agricultural Economics. “Budget summaries present side-by-side comparisons for surface irrigated, center pivot irrigated, and non-irrigated crops. Inputs in the budgets are Cooperative Extension Service recommendations as determined by field trials from the Crop Research Verification Program (CRVP) for each crop, and can be provided by local county agents.”
Interactive budgets can be utilized to evaluate alternative costs and returns for optimal profit potential. Growers are urged to evaluate input decisions with an understanding that yield and revenue-maximizing inputs are not necessarily the inputs for maximizing profit.
Source – University of Arkansas, Division of Agriculture