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Barriers to Budgeting: Allocating Fixed Expenses

Farm Credit Services of America (FCSAmerica) and Frontier Farm Credit are co-sponsoring a webinar series, Two Economists and a Lender. Our February installment featured Agriculture Economic Insights (AEI) co-founders David Widmar and Brent Gloy and Jeff Steffensmeier, financial officer serving producers in the Iowa and Benton counties. The webinar recording from February 25 is available.

 
 

You probably find it easy to assign certain expenses such as seed and herbicide to an enterprise. However, fixed and overhead expenses can be tricky and create a stumbling block for creating budgets and making decisions. Our experts shared tips and insights on how to account for those hard-to-allocate expenses.

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Frontier Farm Credit serves farmers, ranchers, agribusinesses and rural residents in eastern Kansas. For inquiries outside this geography, use the Farm Credit Association Locator  to contact your local office.