Estimating the Economic Depreciation of Farm Assets

By Jonathan Shepherd | Extension Specialist, Jordan Shockley | Associate Extension Professor, and Robert Ellis | Graduate Student
Published on Jan. 7, 2021

Depreciation can often become an overlooked area for a farming operation. Yet, it plays a major role in both taxes and profitability.  A possible reason could be that when most people hear depreciation, they jump directly to tax depreciation.

Economic Costs for Establishing and Terminating Cover Crops

By Jordan Shockley | Associate Extension Professor and Robert Ellis | Graduate Student
Published on Jun. 1, 2019

This decision tool has been created to assist producers in calculating the direct cost of implementing cover crops into their current rotation. This tool uses input and machinery costs to generate an estimated cost associated with growing cover crops. No revenue streams or beneficial factors were taken into account in this tool.