FarmLogs is an agricultural business management software, now operating under the Bushel Farm brand, positioned as "manage farm operations and finances in one place." It is primarily aimed at farmers, helping them spend less time in front of a computer and put more energy into running the farm.
Main capabilities include:
- Farm records and data automation: Through integrations with John Deere Operations Center, Climate FieldView, and the Bushel network, grain contracts are automatically synchronized; by combining machinery data, grain contracts, and input costs, production costs are calculated instantly, revenue is tracked, and profit and loss can be viewed, reducing manual entry and spreadsheets.
- Grain contract management: Contracts can be imported directly from more than 3,500 grain and agricultural input retail facilities covered by the Bushel network, centrally tracking grain, contracts, settlements, and payments.
- Rainfall monitoring and notifications: Rainfall notifications are provided for each field to help plan daily work, and current data can be compared with past seasons to support decisions.
- Real-time price alerts: Real-time updates are received when prices change, helping to seize the moment to act and supporting marketing decisions.
- Unsold bushel tracking: Unsold bushels are tracked as prices change, and positions are automatically managed alongside profit per acre.
- Field-level profitability analysis: Income and expenses can be calculated without spreadsheets, providing insight into the profitability and position of each field.
- Financial management: Bushel offers commercial bank accounts designed specifically for agriculture (provided by The Bancorp Bank, N.A., Member FDIC), allowing users to hold cash, earn interest (the demand rate is 2.75%), with no monthly fees and no minimum balance requirements, earn 1% cash back on eligible purchases with the Bushel Gold Visa debit card, remotely deposit grain settlement checks, pay agricultural input suppliers and transporters, and connect participating lines of credit. Funds are eligible for up to $5 million in FDIC insurance through the sweep program banks.
How to use: Users can sign up and start a 30-day free trial to experience all Bushel features. The software provides mobile, iPad, and desktop applications for convenient access to farm data at any time.
Use cases: Suitable for farmers who need centralized management of farm operation records, grain contracts, finances, and marketing decisions, especially agricultural operators who want to reduce manual entry and keep real-time track of field profitability and market opportunities.
Limitations and notes: Bushel is a financial technology company rather than a bank, and banking services are provided by The Bancorp Bank, N.A. Bushel commercial account rates are variable rates and may change at any time. FDIC insurance only covers the failure of FDIC-insured banks, with the standard deposit insurance limit of $250,000 per depositor, per FDIC-insured bank, per ownership category, provided through The Bancorp Bank, N.A. and its sweep program banks. Other specific pricing, platform support details, or feature limitations are not currently provided.
