- Includes everything in the basic level PLUS the following
Other Income and Expenses- Allows dairy producers to account for all other income and expenses (or cash inflows and outflows) for their operation to arrive at a net income before tax (or net cash flow before tax). MARGINSMART® allows each user to customize this area for their own operation and allows them to identify and use the specific income and expense (or cash inflow and outflow) items that relate to their operation. For complete flexibility you can input these items either on a per cwt. basis or in total dollars, each on a monthly basis.
Reports & Charts
- Includes everything in the basic level PLUS the following
Additional Overall Summary Report Info- This report will also include the overall net other income and expenses (or net cash flows) and shows your net income before tax (or cash flow before tax) on a monthly basis in both total dollars and on a per cwt. basis.
Open Price Risk Position Report– This report shows a summary of your overall price risk position for milk, corn, soybeans and soybean meal. It takes into account milk production or feed usage and all priced contracts, futures positions and grown feed (whether utilized by the dairy or sold). It identifies for each month your net long and net short positions, and more importantly, the net position that is either unpriced or the volume that is priced more than you have price risk on (overpriced).
Additional Financial Charts Report Info- This report will also show your net income before tax (or net cash flow before tax) on a per cwt. basis with a line graph, which is also easily adjustable to show the number of months you desire to see.
Price Risk Charts Report- This chart shows the percentage of milk and corn that you have your price risk covered. You can also very easily adjust the number of months on the chart to see specific months.
- Additional Margin History Chart- Added to this chart will be the history of your expected net income before tax over any number of days that you select. It will show the high, low and last for each day so that you can very easily see what has been happening to your net income before tax over time.