Depreciation and Profitability Management

Depreciation of equipment and other farm assets can be the difference between profit and loss on a farm - especially a vegetable market farm. Depreciation is often looked at only from the view of tax calculation but should be viewed as the cost to maintaining a stable of important equipment. Therefore it should be included in production cost to make sure pricing takes it into account. In this webinar we will re-examine depreciation from the standpoint of how it affects farm profitability and not just from the perspective of general accounting principles. You will learn how to better assist farmers in making decisions on how to depreciate their farm equipment and reflect that in their cost for use in making profitability decisions.