CropCents is a supplemental app to the DairyCentsPRO mobile app. Most livestock producers do not know the actual costs to raise their home raised feeds. An accurate accounting of home raised feeds is a better approach versus using the market prices to calculate income over feed costs. CropCents can be used for dairy, beef and crop producers. This app requires entry of ALL crops grown on farm. This is important as labor hours need to be distributed correctly amongst all cropping activities. The direct inputs required per crop are the total costs for seed, chemicals, fertilizer and custom hire. The total amount harvested for each crop is required. Operating expenses including fuel and oil, repairs, hired labor, machinery and building leases, land rent, real estate taxes, farm insurance, utilities, risk management, dues and professional fees, miscellaneous expenses, owner draw and loan payments are needed. After all this information is entered, the output will give the yield in tons/acre and the cost/ton. These numbers can be compared to the current market prices or they can be entered into the DairyCentsPRO mobile app to calculate a herd’s income over feed cost using actual feed prices.
More information at:
http://extension.psu.edu/animals/dairy/business-management/mobile-apps
http://extension.psu.edu/animals/dairy/business-management/mobile-apps/cropcents-mobile-app