Crop & Livestock Budgets

Farm budgets break down costs of inputs to production for crops and livestock. They are useful to producers in planning and decision-making for their farm enterprises, as well as to researchers, policy makers, financial institutions, and others interested in the specifics of how crops and livestock are produced. The budgets are developed using surveys of producers and are broken out by region to capture the differences in input needs and costs based upon climate and geography. Additionally, a variety of tools and templates are available to assist with budgeting and decision-making for farming enterprises.

Tools & Resources

Cash budget financial template.

Field Crop Templates
These field crop budget templates can be easily modified to reflect local input costs.

Ranch Restocking Decision Aid Spreadsheet
This spreadsheet template allows for differences in biological productivity of purchased versus raised replacements and allows a rancher to compare the long-term financial consequences associated with alternative restocking paths, including unforeseen drought.

Crop Solver
This spreadsheet template optimizes a crop mix of up to 20 different crops subject to annual land, monthly labor, water, and capital, plus alternative risk constraints. Costs and returns are entered in a format consistent with the University of Arizona crop budgets. This optimization tool was developed as a part of educational programs funded by RMA/USDA.

Oil Seed Cost Estimation and Comparison Spreadsheet
This spreadsheet permits farmers to evaluate production and break-even points for four different oil seed crops.

Nursery Cost Estimator and Nursery Insurance Tools
This tool helps nursery producers address space allocation decisions to different "crop mixes," inventory management, set pricing points, quantify differences in production cost for primary container sizes, and analyze nursery crop insurance. This tool was developed for educational programs funded through RMA/USDA.

Livestock Records Workbooks
This workbook is available to help producers with limited access to computers and internet better record and manage their livestock. Funds to reproduce these workbooks have come mainly from grants awarded by the Western Center for Risk Management Education.