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Barriers to Budgeting: Allocating Fixed Expenses

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Farm Credit Services of America (FCSAmerica) and Frontier Farm Credit are co-sponsoring a webinar series, Two Economists and a Lender. Our February installment featured Agriculture Economic Insights (AEI) co-founders David Widmar and Brent Gloy and Jeff Steffensmeier, financial officer serving producers in the Iowa and Benton counties. 

You probably find it easy to assign certain expenses such as seed and herbicide to an enterprise. However, fixed and overhead expenses can be tricky and create a stumbling block for creating budgets and making decisions. Our experts shared tips and insights on how to account for those hard-to-allocate expenses.