FBNSM Benchmarking automatically helps you identify where your farm is excelling and where you can improve. By seeing how your farm and fields rank, both in terms of your agronomic practices, input choices, and yield performance - you can quickly validate current strategies and identify problem spots.
Are you outperforming farms in your area? How about farmers with the same quality soils, or managing the same size farm, or planting the same seeds? You can benchmark your farm to others in your region, in your state, or across the national network on over a dozen dimensions.
Getting your farm benchmarked is simple, just add one year's planting and harvest data and FBN Benchmarking automatically cleans, organizes and analyzes your fields. Or add as many years of data as you'd like, and FBN will automatically asses your performance over time.
Benchmarking can not only help you farm better, but also run a better farm business. Members have used their benchmarking reports to help get better rents, attract new land owners, and create transparency and trust with lenders to get better terms.
What can you do with FBN Benchmarking?
- See how your farm’s performance ranks among similar enterprises in your region (within 100 miles of a given field), county, state, or across the whole network on 13 performance details.
- Identify multi-year trends and track improvements by comparing current and past performance on each field or for your whole operation.
- Identify fields where you can select better seeds, make better variety-soil type pairings and understand how these pairings impact yield.
- Compare the performance of your fields across your farm to determine which fields are most successful, which need extra attention, and which may never be profitable.
"The benchmarkings great to find out where we’re performing. And it’s per field- so if we find an underperforming field we can ask 'why is that?' Sometimes it’s obvious, it’s too wet, it’s a sandy soil, but sometimes it’s less obvious. Have we just been putting the wrong hybrid on there, have we mischaracterized the soil? Are others, somewhere, having better luck putting different hybrids or different rates of fertilizer on this ground?"
–BEN P., Iowa
How Do I Get Started?
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