In this 12-minute screen cast, Cornell Cooperative Extension’s Steve Hadcock explains the circumstances in which a partial budget analysis can be helpful in making decisions about tractors, mechanization and equipment. Steve provides a practical description of the process and the kinds of information you’ll need on hand to make sure your analysis is realistic and useful. Click on the play button below or view at YouTube.
Resources referred to in the video:
- Partial Budgeting for Agricultural Businesses, Penn State University
- Partial Budgeting, a Tool to Analyze Farm Business Changes, Iowa State University
- Partial Budget, eXtension
Time to Replace that Tractor? Using Partial Budgeting in Tractor Purchase Decisions.