Farmbrite Blog

Running a farm takes more than planting seeds and tending animals; it also requires keeping a close eye on the numbers. For many farmers, one of the most useful financial tools is the Profit and Loss (P&L) statement, also called an income statement.

Measuring input efficiency can be the difference between a season that’s simply busy and one that’s truly profitable.

Behind every successful farm is a keen understanding of some specific, key metrics, and one in particular is the cost of production.