What are the types of farm records?

There are certain records that are standard and necessary for every farm. These are:

• Accounting/financial records (where income and costs or expenditures are recorded
• Market records (for current prices on commodity items like grain, cattle, hogs, etc.)
• Inventory records
• Sales records (where product was sold, to whom and for how much)

Specific types of farming operations would have specific records, such as records for medications or hormones given to beef cattle for farms raising them, or the types of seeds used by a farmer growing a crop.