This session will discuss the value of financial benchmarking for agricultural operations. We will take a look at benchmark data from FINBIN, the largest public database in the country. Whole farm, crop and dairy performance will be reviewed. In addition, we will discuss some of the challenges in benchmarking financial information.
Understand the value of financial benchmarking for agricultural operations.
Understand some of the challenges of financial benchmarking.
Recognize the variability in producer performance and understand some of the factors that contribute to it.