FINBIN is one of the largest and most accessible sources of farm financial and production benchmark information in the world. FINBIN places detailed reports on whole farm, crop, and livestock financials at your fingertips.
With just a few clicks of the mouse, you can see reports such as:
The possibilities are endless. Select Whole Farm Reports, Crop Reports, or Livestock Reports to create your own custom report.
Welcome to the new FINBIN website. We hope you like the new look and feel of the site. We have made lots of changes in the background but the basic functionality of the site is unchanged: to provide the most powerful farm financial benchmarking tool possible with the most diverse set of peer group farms from a broad range of farms by farm type, size and location. The major change you will notice is that FINBIN will now work much better on your mobile devices. No more scrolling and fumbling to try to navigate the website. FINBIN will now format to the device you are using.
We hope you like the changes. Let us know what you think.
Data from 977 North Dakota, Nebraska, Missouri, Illinois, Michigan, South Dakota and Utah farms has now been added to FINBIN. With the Minnesota data, that brings the total 2015 database to 3283 farms. You can use FINBIN's summary reports to see the financial results for each state or for all farms by type or size of farm. Or run a benchmark report to compare your farm to a group of farms similar to yours.
We expect data from several other states will be in the BIN in the next month or so.
Despite record crop yields, the incomes of Minnesota farms included in FINBIN continued to decline in 2015, reaching their lowest point in the twenty year history of the FINBIN database after adjusting for inflation. The 2015 FINBIN Report on Minnesota Farm Finances provides a quick look at the financial situation in Minnesota production agriculture.
As powerful as FINBIN is, you can enhance its value to you as a producer by joining a farm management association or education program. These programs provide individual farm management assistance to producers and have proven their worth to the thousands of producers who participate in these programs.