Farm Business & Financial Management
Cost of Production Worksheet
A worksheet for adding up every cost of producing a crop or livestock product, then dividing by output. Farmers use it to set prices and decide whether an enterprise pays.
WorksheetFarm Business & Financial ManagementFree PDF
What you fill in
- Enterprise and production year
- Total acres or head
- Seed, feed and stock costs
- Fertilizer and crop protection
- Labor and management time
- Machinery, fuel and repairs
- Land rent or ownership cost
- Interest and overhead
- Cost per unit produced
How to use this worksheet
Use the notes area for your arithmetic. Keep the finished sheet with your records so you can compare it with the next season.
Where to check the details
This sheet is a general template, so confirm specifics with your own manuals, labels and local rules. For current official guidance, start with eXtension and USDA Economic Research Service.
For more in this area, see the Farm Money and Grants. Between chores, farm.FM has farm humor, including Rural Voters’ Breaking Point Sits Below Cost of Production, and agribusiness farm stories.