How is Breakeven by Crop calculated on the Dashboard?

Requirements:

  • Your Breakeven by Crop is calculated from both cost and forecasted revenue.

    • To calculate costs, setup  Inputs, Land Agreements, and Financial Accounts.

    • To calculate revenue, setup your Fields/Boundaries, Crop Plans and Tasks, and Field Plans.

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)

Breakeven_by_Crop-PA.png

 

2. Forecasted Yield:

(Go to Crops>Yield>Analyzer)

Breakeven_by_Crop-YA.png

($235.14/ac) / (54.85bu/ac) = $4.29bu

 

3. Breakeven Price:

(Go to Dashboard)

Breakeven_by_Crop-Dashboard.png

 

Related Articles:
Getting Started: Dashboard
Why do numbers on the Traction Enterprise Dashboard look incorrect?