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Tag "production costs"

Illinois Grain: Closeup Look at Power and Equipment Costs on a Per Acre Basis

Illinois Grain: Closeup Look at Power and Equipment Costs on a Per Acre Basis

👤By Brandy Krapf, Dwight Raab, and Bradley Zwilling, University of Illinois 🕔Jun 19, 2017

With tightening margins and lower crop prices, producers are looking for ways to cut costs. In this article, we will look at power and equipment costs components, how they vary by farm size and the impact on profitability. In 2004,

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South Dakota Crops: In 2017, Every Bushel Matters. Every Penny Counts.

South Dakota Crops: In 2017, Every Bushel Matters. Every Penny Counts.

👤By Alvaro Garcia, South Dakota State University 🕔Jun 7, 2017

It seems this year will be another challenging one for agriculture in South Dakota and the nation overall. In reality it might not be strikingly different from the three previous ones albeit with maybe somewhat tighter margins. US agriculture is

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Oklahoma Sorghum: Budget Operating Costs for Planting in June

Oklahoma Sorghum: Budget Operating Costs for Planting in June Updated

👤By Donald Stotts, Oklahoma State University 🕔Jun 5, 2017

Oklahoma farmers planting sorghum in June need to be aware that sugarcane aphid infestations before the boot stage can decimate their crop, underscoring the need to budget a corrective insecticide application before planting. Trent Milacek, Oklahoma State University Cooperative Extension

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Georgia: Growing Pecans Is a Costly Investment

Georgia: Growing Pecans Is a Costly Investment

👤By Clint Thompson, University of Georgia 🕔Apr 27, 2017

Georgia’s pecan industry grew by more than 20,000 new acres in the last five years. Pecans are a booming business in Georgia, but University of Georgia Cooperative Extension pecan specialist Lenny Wells says that new farmers should go into the

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Illinois Corn, Soybeans: How Much Did It Cost to Produce a Crop in 2016?

Illinois Corn, Soybeans: How Much Did It Cost to Produce a Crop in 2016?

👤By Bradley Zwilling, Brandy Krapf, and Dwight Raab, University of Illinois 🕔Apr 21, 2017

In 2016, the total of all economic costs per acre for growing corn in Illinois averaged $886 in the northern section, $870 in the central section for farmland with “high” soil ratings, $849 in the central section for farmland with

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Michigan: Reducing Production Costs Without Hurting Crop Yields

Michigan: Reducing Production Costs Without Hurting Crop Yields

👤By Jim Isleib, Michigan State University 🕔Apr 20, 2017

Fine-tune your fertilizer/manure program If you think soil testing isn’t that important, think again. A systematic whole-farm soil testing program is the backbone of a good crop nutrient plan. Without soil test report information, you can only guess what’s going

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Minnesota Corn: Should You Reduce Bt Trait Acreage to Cut Production Costs?

Minnesota Corn: Should You Reduce Bt Trait Acreage to Cut Production Costs?

👤By Bruce Potter and Ken Ostlie, University of Minnesota 🕔Mar 20, 2017

The economics of 2017 corn production have challenged many farmers with minimizing losses per acre. One area that some farmers have targeted for reducing costs is hybrid selection. Planting corn hybrids without Bt protection for European corn borer (ECB), corn

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Texas Field Reports: Rising Fuel Prices Could Mean Higher Costs

Texas Field Reports: Rising Fuel Prices Could Mean Higher Costs

👤By Adam Russell, Texas AgriLife Extension 🕔Mar 7, 2017

Rising fuel prices could mean higher costs for producers and eventually consumers, said a Texas A&M AgriLife Extension Service economist. Dr. Mark Welch, College Station, said he saw indications of fuel prices bottoming out late last year. And since January,

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Nebraska: Comparing Generic and Name Brand Pesticides

Nebraska: Comparing Generic and Name Brand Pesticides

👤By Robert Klein and Robert Tigner, University of Nebraska-Lincoln 🕔Feb 10, 2017

Over time, increasing numbers of generic pesticides have become available for use on agronomic crops. Much like prescription drugs, generic products have the same active ingredient as the brand name products and can perform similarly. Often the labels of generic

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Grain Prices: What to Expect in “Normal Times” – DTN

Grain Prices: What to Expect in “Normal Times” – DTN

👤By Todd Hultman DTN Analyst 🕔Feb 7, 2017

Readers of this column have probably caught on by now that I like to start the year with an assessment of grain prices based on USDA’s national production cost estimates.* Not knowing yet what surprises await us in 2017, the

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