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West TN | Ultimately it’s going to be the farmers responsibility to address high input prices and speak with our dollars. Stop buying high priced seed and new equipment.
Did you know that if every corn farmer would reduce their population by 1,000 seed/acre, that would result in 1.16 million bags of seed not sold costing the big companies $366 million in revenue? Don’t you think that would send a message? Don’t you think that might send a message to these companies that we’re sick and tired of getting raped with their prices?
I really doubt that 1,000 less seeds per acre would have very much impact on yield. Heck I had some spots yield 300 on a 29,000 population. But let’s say it cuts 4 bushel/acre off the national average. That would take 400 million bushels out of the supply chain. Right now corn is $4.20. Don’t you think it’s probable that corn goes up 20 cents/bushel if we take 400 million bushels out of the supply chain?
Right now a 188 bpa national average at $4.20 gives you gross revenue of $790/acre. Take 4 bushels off and we’ve got a 184 national average. 184 bushel at $4.40/bushel gives us gross revenue of $810/acre. Plus the $4/acre we saved by planting 1,000 less seed. $24/acre more profit by buying fewer inputs!!!
What about if we did the same thing with nitrogen??? DAP???
We as farmers have the power to control our destiny. We need to get out of the mindset that we’re at the mercy of the government, the Chicago Board of Trade, Bayer, Corteva, John Deere, etc.
We spend BILLIONS every year. Money talks and if we become smarter about how we spend it, WE have the power over these companies. WE’RE the ones that keep them in business, not the other way around and it’s time that we start acting like it.
We as farmers have the power to control our destiny and it’s long past the time that we started. But it’s going to take a like minded approach from all of us.
Is that possible??? I have serious doubts. Heck we can’t get two neighbors to agree on a tillage practice. But we’re the only ones who have the ability to get the ag economy out of the hole it’s in. Uncle Sam sure can’t do it and we sure need to quit acting like Oliver Twist to the ag companies, “Please sir can I have some more?”
Sorry/not sorry for the rant but I feel better now. | |
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Anyone else shopping in this economy?
