Technology is everywhere on today’s farms, with new developments coming out on what feels like a daily basis.
Agronomists at Nutrien are leaning on tech with a new planning calculator, helping farmers make critical decisions around their farm’s finances. The eKonomics Input Planning Calculator is simple and easy-to-use, yet also remarkably comprehensive, allowing farmers – and farm advisors – to enter highly personalized input costs, capturing not only the standard input vectors – fertilizer, pesticides, seed, fuel, etc. – but any-and-all expenses which contribute to the cost of running their operation.
Check it out HERE.
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Only properly documented, unexhausted fertilizer applied by prior owners may qualify for Section 180 expensing; broader nutrient-based claims carry significant legal and tax risk.