Year-Round Planning is Key for Farmers
There will always be circumstances that come up in the farming industry where plans need to be adjusted due to new information or changes in external factors (climate, crop success, etc..). Most planning for farmers happens in the winter, but the practice usually gets pushed to the side during the busy summer months. However, it is important to view plans and financials throughout the year so they can get a grasp on the farm’s costs, profits and better understand where improvements need to be made. Equipped with financial information from the summer and winter, farmers can now plan effectively for each season by projecting potential outcomes and better understand their entire business.