Crop Profitability Analyzer Tool Updated for 2020
Texas A&M AgriLife Extension Service updated its High Plains Crop Profitability Analyzer budgeting tool for 2020. The spreadsheet contains four sections: enterprise budgets that require user input, break-even price estimates, comparative returns, and optimal irrigation analysis. Irrigated crops available for analysis are alfalfa, canola, corn, corn silage, cotton, peanuts, sorghum, sorghum seed, sorghum silage, sorghum Sudan grass, soybeans, sunflowers, triticale, and wheat. Dryland crops include canola, cotton, sorghum, sorghum Sudan grass, sunflowers, and wheat. Though budgets are for the High Plains, the tool is flexible enough to modify for use in other areas of the country, as well.