Farm budget manual 1974

Abstract

In an era of increasing sophistication in farm management analytical techniques, the budget remains the simplest and yet most versatile technique available to the farmer and his advisor. Essentially a farm budget is a written plan which formalizes an anticipated farm programme and translates it into expected financial results.

The general layout of this manual follows the layout of the Lincoln College budget. Sections I and III are devoted to the revenue and expenditure data required to convert a physical programme into a financial one. Section III contains some relevant notes on taxation as applied to farming enterprise. In the final section a considerable number of gross margins have been reproduced for the benefit of those people who may be interested in analysing individual enterprises.