mn | 429 - 1/30/2015 11:48
If you think farmers are going to let yields slip,I think you have a rude awakining coming.
.
Letting yields slip is the smartest thing any of us could do! Yield doesn't mean anything at all. Its just bragging rights. Show me the best ROI or $/acre profit. Seems everyone has gotten on the kick of higher and higher yield. There is a point somewhere that higher yields don't produce higher profits. This is definitely one of those years.
I would rather make $100/acre on 150 bu corn than $50/acre on 200 bu corn. IF everyone would think this way the carry out would definitely drop.
Too many people buy inputs on what they think their yield should be. We should be buying inputs on what we want our profit to be. I have been running through a lot of numbers lately and planning inputs for 170 bu corn seems to have the most payback "here". Even tho 200 bu corn is easily achievable. |