Farm business planning: partial budgets

An outline of calculation methods for partial budgets.

Year of Publication2010

The effects of small changes in a farming system can be assessed using a partial budget. This shows the financial gains and losses arising from these changes. Two worked examples are provided. One details the financial effects of considering change within a single enterprise. The other example demonstrates the financial effects of substituting one enterprise for another.

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This is a brief summary of an item in the OpenFields Library. This free online library contains items of interest to practitioners and researchers in the agricultural and landbased industries.