Farm Planning Worksheet

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FARM PLANNING WORKSHEET
Year to
Projected to
Projected
Date
End of Year
Total Year
INCOME
Sale of livestock bought for resale
Cost or other basis
Net
Livestock raised
Grain raised
Cooperative distributions
Agricultural program payments
Crop insurance proceeds
Custom hire (machine work)
Other income
Total Farm Income
EXPENSES
Car and truck expenses
Chemicals
Conservation expenses
Custom hire (machine work)
Depreciation (estimate using last year or call for update)
Employee benefit program
Feed purchased
Fertilizers and lime
Freight and trucking
Gasoline, fuel and oil
Insurance (other than health)
Interest expense
Labor hired
Rent or lease expense
Repairs and maintenance
Seeds and plants
Storage and warehousing
Supplies
Taxes
Utilities
Veterinary and breeding
Other expenses
Total Farm Expenses
NET FARM PROFIT (LOSS)

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