Factors to consider when corn margins are tight

An extension corn agronomist encourages farmers to watch costs as margins get tighter.

Jeff Coulter with the University of Minnesota says most farmers probably won’t pull back significantly on crop inputs.

“Basic things like soil fertility and seed, planting rate, those are kind of established. And you don’t want to skimp too much on those factors because that could affect your yield level. But some of the other factors they may need to think about a little more closely.”

He tells Brownfield an example would be foliar fungicides around tasseling.

“You might want to think a little more closely about are those applications needed, do I have disease pressure out there. What’s the susceptibility of the hybrid, that kind of thing.”

U.S. farmers are expected to plant fewer corn acres in 2024 mostly because of thin margins.

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