The Harvest Profit program is now available from John Deere and can be used as a powerful cost and profit tracking tool ready for this season
Growers across Australia and New Zealand now have a unique tool in John Deere’s Harvest Profit, a convenient cost and profit tracking software platform that offers near-real-time profitability monitoring across crops and paddocks.
Harvest Profit is an all-in-one farm management software program designed to be integrated with the John Deere Operations Center to provide valuable insights and analytics and improve farm profitability.
For any farm operation that wants to keep more complete records of costs such as how much each paddock and season has returned, and even keep a record of product still on hand, this is the perfect production tool to initiate.
Harvest Profit also includes sectional activation for grain inventories and financial reports to quickly show farmers how their businesses are performing day-to-day.
John Deere Manager of Production System Specialists, Max Cusack, said Harvest Profit is designed to help farmers become as familiar with managing finances as they are with growing a crop.
“Harvest Profit uses multiple scenarios and templates and intuitive integration with Operations Center to provide clear insights into costs, revenues and profits, so that farmers can make data-driven financial decisions,” Max Cusack explained further.
“Harvest Profit can provide the answers to questions such as what’s my cost of production. What’s my profitability for each paddock. If I plant more of a certain crop, how does that impact my profitability and overheads. How much production have I sold, and how much crop inventory do I have on hand.
“Farmers in Australia and New Zealand are seeking to gain every efficiency possible to improve financial outcomes, and Harvest Profit is the key to calculating those metrics,” Max Cusack added.
Portable and easy to use, Harvest Profit includes functions such as total farm profit and loss (P&L); field by field and crop by crop P&L; grain contract management; machine data such as hours, usage and cost of farm equipment; scenarios analysis; and grain inventory management.
Ben Longlet, John Deere Digital Specialist for Harvest Profit, outlined how US farmers have had access to Harvest Profit for over 10 years, and have come to rely on the data to analyse any cropping decision they make on their farm.
“In the US, farmers rely on Harvest Profit as a tool to help them make decisions as diverse as an equipment purchase, land acquisition or whether to apply another pass of fertiliser,” Ben Longlet confirmed.
“While most farmers don’t spend more than an hour per month working on their Harvest Profit account, they are usually checking the data and reports daily through its web and mobile apps.
“This strong integration makes it easy to add financials to the data you’re already collecting on the farm, and unlike other tools that focus on the past, Harvest Profit lets farmers analyse profitability so they can confidently create budgets for the coming season,” Ben Longlet concluded.
John Deere is currently offering a 14-day free trial of Harvest Profit with full access.
To find out more about Harvest Profit, on this link, or to purchase, contact your local John Deere dealer here.
