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mn | Best thing you can do is look closer at ROI rather than just trying to push yields. Don't worry about the "what if we get another perfect year". If we do, prices will likely be lower and those extra inputs for the extra yield could cost more than they make.
There was a lot of extra inputs purchased during high price years that would pay for themselves with just a 1 or 2 bushel increase. Those things wont pay now. You give up those 1 or 2 bushels, but if it takes 3 bushels to pay for it, what is the point?
My point is, toss the yield gaining inputs that make you money above $3.50-$4 cash corn. Keep the yield gaining inputs that make you money on anything below that.
IMO, too many are too focused on the highest yield "in case the price goes up". Its better to make money on 180 bushel corn than lose money on 200 bushel corn. More yield doesn't always equal profit after a certain point, but there is also a complete opposite also.
Edited by jtpfarm 2/22/2017 18:05
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I'm scared to put in a crop this year
