What is in this article?:
Roy Wendte, Altamont, Ill., finds farm spreadsheets streamline planning and analysis:
- Having all of your data in front of you in a spreadsheet makes it easier to analyze; the larger the computer screen or the use of multiple screens makes it even easier.
- Utilizing spreadsheets allows for multiple "what ifs" using different inputs to solve complex problems.
- Spreadsheets track multiple types of data such as crop planning, yields, commodity trades, expenses, incomes, land purchases, crop insurance and more.
Rental rate tool
Spreadsheets, such as those on the Ag Decision Maker website, provide a way to test different scenarios to discuss with landlords and lenders. The Cash Rental Rates for Iowa 2012 survey is a downloadable document at the site. The survey information can be used with other resources, including Computing a Cropland Cash Rental Rate (C2-20) and Flexible Farm Lease Agreements (C2-21), to estimate a fair cash rental rate.