This demonstrates how to use partial budgeting as a decision tool for tractor and equipment investments. The videos provide examples of how farmers can use the partial budget process to forecast the financial impacts -- on both the cost and on the income side -- of specific machine purchases. Examples consider how changing mechanization can have implications for labor needs and costs. Also included are links to all resources used in the videos.
Presenter: Steve Hadcock, Cornell Cooperative Extension. Produced by the ¶¶Òõ̽̽ Extension Ground Work Program.