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EC1654February 2022Projected 2022 Crop Budgets North Central North Dakota Ron Hagen, Farm Management Specialist This region consists of eight counties: Benson, Pottiness, McHenry, McLean, Pierce,
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Projected crop budgets are estimates of income, expenses, and profits for a specific crop or agricultural operation.
Farmers, ranchers, and other agricultural producers are typically required to file projected crop budgets.
Projected crop budgets can be filled out by determining expected costs and revenues for a specific crop, taking into account factors such as input prices, yields, and market prices.
The purpose of projected crop budgets is to help producers plan and manage their operations effectively, by providing a roadmap for financial decision-making.
Projected crop budgets typically include details on expenses such as seed, fertilizer, labor, equipment, and anticipated revenues from crop sales.
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