Hurter, Tineil2023-07-312023-07-312022-02Hurter, T. 2022, 'Budget : the best farm business planning tool', The Dairy Mail, vol. 29, no. 2, pp. 23-25, doi : 10.10520/ejc-ac_dm_v29_n2_a8.1561-430110.10520/ejc-ac_dm_v29_n2_a8http://hdl.handle.net/2263/91712As most people know, a budget is a written plan for future action, expressed in physical and financial quantities. Future planning is based on forecasts, historical data, assumptions, and experience. However, nobody can accurately predict the future with all its risks and uncertainties. Thus, as the user of budgets, the farmer should bear in mind that budgets and the assumptions on which they are based are continually subject to change. Therefore, budgets should not be treated as rigid or fixed plans but rather as management aids.en© AgriConnect.BudgetPlanningRisksFarmerArticle