Farm Economics Calculators
Estimate crop costs, break-even price and yield, field profit and machinery expenses from your own farm assumptions.
Choose a farm economics calculator
How to use the farm economics tools
Start with field expenses to estimate crop cost per acre or hectare. Use the break-even price tool when you have an expected yield, or the break-even yield tool when you want to test a crop sale price. Estimate field profit from marketable output, sale price, other income and costs. Use the machinery tool for ownership, fuel, repair and labor costs.
Enter consistent units, area bases and currencies. The calculators do not provide typical prices, average crop yields, tax depreciation, market forecasts or local agronomic recommendations.
Detailed crop economics
Planning sources
Penn State Extension describes enterprise budgeting and break-even analysis as tools for comparing expected costs with price or yield. University of Minnesota Extension crop budgets organize receipts and costs by crop and area. The calculators use that budgeting structure with figures entered by the user.
Build a crop budget before testing break-even
Put each cost on the same acre or hectare basis as the expected marketable yield. Separate direct field costs from any overhead or machinery amounts that you also enter, so the same expense is not counted twice. Choose one currency and a consistent field area for the calculation.
Break-even price and break-even yield
For an entered cost of $600 per acre and a marketable yield of 150 units per acre, break-even price is $4 per unit. If the price assumption changes to $5 per unit, break-even yield becomes 120 units per acre. These examples illustrate the cost, price and yield relationship; they do not represent a crop price or yield recommendation.
Use the break-even crop price calculator when yield is known, and the break-even yield calculator when sale price is the starting assumption. Use the crop ROI calculator for an itemized return comparison.
Compare a second scenario
Keep area and cost definitions fixed while changing either yield or price. Then test a cost change separately. This shows which assumption caused the movement in the result. A machinery estimate should use the relevant operating hours and fuel assumptions, with its area basis converted before adding it to a field budget.