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February 03, 2012 12:03PM
My concern with applying unit prices as a cotton farmer is that cotton is sold by graded weight. Grades include a multitude of factors; staple, color, leaf, strength, uniformity, etc., etc. Each bale grades differently and has different discounts. Varieties have different qualities that have different discounts or premiums. I guess base grades could be entered in for approximation.

I'd be interested in hearing from other cotton farmers as to how they are assigning a unit cost, recording harvest and getting meaningful enterprise statements.

Along the lines of periodic payments for a delivered crop, I guess my next question would be:

How does everyone handle patronage payments from Co-operatives? For example, I market my grain to a local elevator that is part of a co-operative. At the end of their fiscal year, we receive patronage payments based upon each crop delivered and sold. (Corn, soybeans, milo, wheat, etc.). In the past, I simply recorded the income under (say) Patronage Income and then allocated the monies to the appropriate crop and crop year. How does one allocate this income to the appropriate crop now? Through (say) the 2011 Corn Enterprise or to the Crop Marketing Enterprise?

Thanks
SubjectAuthorPosted

unit price

dirtclodDecember 08, 2011 12:17AM

Re: unit price

Mitch KonenDecember 08, 2011 12:47AM

Re: unit price

Brian ThompsonDecember 08, 2011 12:34PM

Re: unit price

Mitch KonenDecember 08, 2011 04:41PM

Re: unit price

James LFebruary 02, 2012 03:51PM

Re: unit price

KathyClineFebruary 02, 2012 05:36PM

Re: unit price

James LFebruary 03, 2012 10:45AM

Re: unit price

KathyClineFebruary 03, 2012 11:00AM

Enterprise statements revisited

James LFebruary 09, 2012 12:00AM

Re: Enterprise statements revisited

KathyClineFebruary 09, 2012 08:50AM

Re: Enterprise statements revisited

James LFebruary 11, 2012 07:02PM

Re: Enterprise statements revisited

KathyClineFebruary 13, 2012 04:24PM

Re: unit price

James LFebruary 03, 2012 12:03PM

Re: unit price

KathyClineFebruary 03, 2012 05:03PM



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