Record Keeping- A Powerful Tool

Courtney Bir, OSU Farm Management and Agricultural Finance Extension Specialist — Unfortunately, record keeping and the financial analysis that can result are often not seen as an interesting or fun exercise. It definitely can’t hold a candle to the latest nutrition webinar or checking heifers. However, good records, financial or otherwise, can help you make well-informed decisions. When it comes to outlining contracts, deciding to rent land or keep a bull, good records can make decision making easier. Due to the COVID-19 pandemic, there were a record number of relief programs available for farmers and ranchers. Did you have up-to-date…

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