What all do you include when calculating your debt per acre?
I know the big things like loans, family living expense, fertilizer, herbicide, but how far do you go?
What is debt/acre calculation used for?
I have a spreadsheet setup that has what we have spent on a crop or projections on what we are gonna spend, what we think it will do, to hel...More
If you’re calculating breakevens you have to figure everything including cost of the land if land is owned (taxes) versus land that is rente...More
If the farm is your only source of income it makes sense to include all debt, inputs, and liabilities in your debt per acre. Everything.