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Cost of Production

 

With diminishing direct support for agriculture and increasing exposure to competitive world markets there has never been a better time to focus on production costs.

As this new series explains, knowing how much it costs to produce a tonne of wheat or any other crop is fundamental to any successful arable business.

Accurate costings allow more informed agronomic and financial decisions to be made. This in turn helps businesses overcome challenges posed by changes in commodity prices and input costs, government policy, tighter regulations, or shifting pest and disease threats.

5 reasons to calculate costs of production

In the first of our series on costs of production in agriculture, we outline five key benefits of calculating your production costs.

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How to use yield maps to reduce your costs of production

In the second of our series on costs of production in agriculture, we look at the use of yield maps to reduce your production costs.

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How to calculate unit cost of production

In the third of our series on costs of production in agriculture, we look at the basic components that allow us to calculate unit cost of production.

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