A new online tool for beginning farmers!
The Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri has developed an online tool to help farmers build projected budgets for their operations. The Farm Cost and Return Tool, or Farm CART, is at www.fapri.missouri.edu/projects.
“The tool allows beginning farmers and ranchers, not only in Missouri but all over the country, to play a what-if game on the Web,” said FAPRI economist Peter Zimmel. “They can develop a farm with how many acres they want, how many animals they want, and they can see what it will look like financially over the next five years.”\