This may be a dumb question, but how do you figure your operating costs on your farm. Yes, I should have asked this years ago. I do a spreadsheet with the actuall costs of inputs such as chemicals, insurance, rents, seed, along with how much grain came off a field/, diesel, but I didn't add in the other costs, like machinery, labor. we don't keep track of how many hours we run in each field. we aren't big farmers by any means. Also, say if you had to fix/update the combine this year, you wouldn't take off all those repairs on this years crop......? Sorry, just feeling kind of dumb these days.
