Farming at a profit is more challenging when grain prices are low. Producers with owned ground and sound management can likely farm at a profit albeit at a narrower margin than previous years. Producers shelling out high cash rents will find it more difficult to operate at a profit even with sound management. Many paying high cash rent will operate at a loss. This is especially true if looking at profitability in a “site-specific” manner — considering profit/loss variability across a field or operation.
Categories: Agronomy Talk
Tags: soil tests, Profit, fertilizer, inputs, crop nutrition, variable rate, fertilizer applications
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