Many costs associated with farming are out of the control of the farmer. For example, fixed cost such as insurance, equipment and rent are not something that farmers can control. The other costs that are variables like fertilizer, fuel and labor are places a grower can cut costs and save. Usually fuel and labor are not areas that can be cut very easily – equipment can not operate without either of these. Any crop is only going to bring as much as the market allows, so input costs ($/ac) are a strong place to save money.
One of the biggest expenses to a grower is fertilizer. With recent and unexpected hikes in petroleum based products, Budgeting for fertilizer can sometimes be a challenge. By cutting your fertilizer budget by up to one third; can result in large savings!
As always, contact 1st Products with questions or requests for onsite demos – we are here to support our customers in any way.