Financial planning is an important aspect of a farm business.
The Farm Financials Toolkit from Farm Management Canada helps organize your farm financials into logical, standardized categories of expenses that can then be used to calculate financial ratios. In turn, the ratios can be used across groups of farms to provide performance benchmarks. The Toolkit adheres to the new international standard for farm financial statements and uses accrual accounting rules. It is designed for farm accountants and farmers with intermediate to advanced accounting skills.
To better understand your market, the Farm Credit Canada (FCC) Market Prices and Information provides information on current market prices. Market prices shown in U.S. dollars except for Canola (CAD).