Fort Dodge, IA | maxflex540 - 10/15/2025 12:00
The logic there is debatable. Corn is cheap, so do we reduce inputs to reduce expense? Feels good to write smaller checks when the grain isn't worth much. But what if those extra inputs actually add extra bushels? Now I got cheap corn and lower yields at the same time.
Honestly it's a guessing game. I'm currently of the opinion we need to attempt to maximize yield in reasonable ways regardless of the market ---- if our product is high in value, we WANT every bushel. If our product is low in value, we NEED every bushel. But it's also realistic that every situation is different and there's times when a given producer just isn't able to write an input check any bigger than is absolutely necessary. The conundrum there is that it's also very hard to work your way out of a hole by minimizing inputs and taking the reduced yield. This is a volume business, and lower volume equals lower income which usually equals lower/negative profit.
Like your logic. Bushels are the actual currency. |