Helping farmers do things right when margins are tight
MNCCA Column for The Farmer
By Curt Burns
We’re heading into a lean period in crop profitability. After several years of strong returns, margins in 2015 will be tight. Many crop farms could lose money if corn and soybean prices don’t rebound.
How will you adjust your operation for lower commodity prices? One of your best resources is a professional crop consultant.
Certified crop advisers, or CCAs, offer informed and independent advice on the decisions that affect profitability, including fertility, variety selection, seeding rates, crop protection, integrated pest management, and precision farming.
Independent crop consultants can be key to your success
The past few years in agriculture, there has been profitability made in crop production agriculture and it looks like the next few years we will be heading into some uncertain times with production agriculture profitability. The margins will become smaller as producers will look at all aspects of their farm operation on ways to stream line their production costs. The importance of an independent voice in a farm operation is essential in deciding what factors and inputs are of best value to the producer. The higher cost of land values and rental rates will have a slower rate of decline than what the commodity values have done in the last 12 months. This has caused many “cash flows” to break even or many farm operations to be losing money in the next few years if the down trend in commodity prices continues.