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Do you have the 2 budgets your farm needs?

Reference: FCC

A budget is a plan for the future, yet the unpredictability of farming makes it tough to produce an accurate forecast. There’s an endless list of expenses that can arise: What will crop prices be? Will my herd get sick? Will I need equipment repairs or purchases?

It’s questions like these that make budgeting for farms complex. Many producers say planning for the unexpected is their biggest challenge when it comes to budgeting.

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