East Central South Dakota | a very individual calculation. Base acres, APH, inputs put down or not, and debt all influence the decision. We have been wet for so long most don't put down inputs till it is planted. If you have enough corn base to plant some acres and have some left to PP you are in a good position. PP corn will beat or equal planting soybeans with no risk, almost every time. Corn is another beast- it pays to try to get it planted up to the date you are no longer comfortable with the risk of frost.
Even mental attitude affects decision. Some guys want to farm the ground no matter what. Some guys push the pencil and do what makes them the most money. Neither is right or wrong, it is an individual decision based on a collection of a lot of things. The further North you go the easier the decision is as the growing season is so short there is simply to much risk to plant a late crop. If you look at the history of crop insurance the more marginal areas like the Dakotas and western plains states pay out more than they take in, in premiums every year. I would quess the level of participation in the tier of states from Texas to North Dakota is close to 100% and the corn belt states less.
Push the pencil and make your decision based on your own individual situation and use it to manage the risk you are comfortable with. RMA knows there is risk in planting a late crop that is why they have planting dates in which they are no longer comfortable with in sharing your risk. |
PP vs. planting is
