Farm Manager how-to

How to Build a Farm Budget

Budgets guide profitable decisions.

Updated By the Career Education Institute Curriculum Team
Quick answer

Budgets guide profitable decisions. In short: list; estimate; include, then complete the remaining steps below.

Step by step

  1. List expected yields and prices.

  2. Estimate input costs.

  3. Include labor, equipment and land.

  4. Add insurance and loan costs.

  5. Calculate break-even prices.

  6. Review regularly.

Safety reminders for farm managers

  • Follow tractor and equipment safety
  • Use PPE with pesticides
  • Handle livestock carefully
  • Prevent heat illness

Yield · Crop rotation · Precision agriculture · Commodity · Futures · Crop insurance: see the full farm manager glossary.

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