Centre county Pennsylvania, USA | I agree on the need to reduce corn production in 2015. Current market is pricing corn for business as usual, while here on the farm business is not as usual.
To do that, we (corn farmers) may not need to reduce acres if we reduce yield instead. Yield reduction in 2015 corn is probably already built in by input cost pressure. Posts here on NAT are revealing that farmers are not having much luck negotiating lower land, fertilizer, or seed cost this year (we certainly didn't). About the only thing farmers can do to reduce input cost now is to use less input. That has to show up as lower yield, and because yield is more significant than acres planted in determining production it should do the job (reduce production). In other words, reduced 2015 corn production may be on autopilot ? |