It is common for farms to track total revenue and total expenses, but far less common to break that down by crop or field.
Without that breakdown, it is easy to keep growing a crop that looks fine on paper but is quietly losing money once labor, inputs and machinery time are accounted for.
What to track per crop
- Seed and input costs
- Labor hours and cost
- Machinery and fuel usage
- Irrigation cost
- Revenue from sales
Once these are attributed to individual crops, profitability becomes a lot clearer — and so does your next season's planning.