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How is Breakeven by Crop calculated on the Dashboard?
Requirements:
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Your Breakeven by Crop is calculated from both cost and forecasted revenue.
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To calculate costs, setup Inputs, Land Agreements, and Financial Accounts.
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To calculate revenue, setup your Fields/Boundaries, Crop Plans and Tasks, and Field Plans.
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Answer:
On the Traction Enterprise Dashboard there are several widgets, including one called "Breakeven by Crop." This widget tells you -- based on your current costs associated with each crop -- what price you'd need to be paid on that crop to cover your costs of production.
Here's an example of how Breakeven by Crop is calculated:
1. Costs per Unit:
(Go to Financials>Profit Analyzer)
2. Forecasted Yield:
(Go to Crops>Yield>Analyzer)
($235.14/ac) / (54.85bu/ac) = $4.29bu
3. Breakeven Price:
(Go to Dashboard)
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