Using partial budget analysis as a decision tool for tractor and equipment investments
In this three-part video series, Cornell Cooperative Extension’s Steve Hadcock demonstrates how to use partial budging to forecast the financial impacts — on both the cost and income side — of specific machine purchases.
- Part 1: An introduction to using partial budgets in the decision-making process.
- Part 2: Time to buy a new tractor? Using partial budget analysis to evaluate investing in a new tractor.
- Part 3: Changing production practices? Using partial budgets to analyze costs and returns of equipment needed to modify irrigation and mulching approaches.
- Resources: Links to partial budget analysis resources and materials used in the videos.