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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AgCinect
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FieldForge
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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
For Hedge Funds
FARM Tool User Reviews
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