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Keeping financial records for the farm or ranch can help a producer make operational decisions, like whether or not to replace the feed truck. Jason Bradley, agricultural economics consultant, points out the value of keeping your pencil sharp.
The income statement is a summary of revenue and expenses over a period of time, and the cash flow statement contains all cash flows. Together, they provide powerful knowledge for an operation.
2019 Financial Report for the Noble Research Institute.
2018 Financial Report for the Noble Research Institute.
2017 Financial Report for the Noble Research Institute.