"In tough years, it's even more important to manage your inputs and to maximize profit. Way too often, I hear people want to maximize yield and, obviously, the more bushels you have, the more you have to sell. But if it costs you too much to raise, you might not have increased your profitability by increasing yield." – Eric Marchand, Britt, IA
Topics: learning blocks
This blog builds on the information I shared in “What is Efficiency in Farming?”. If you haven’t already, I recommend reading it first. If you have read it, here are a few bullet points to jog your memory.
A quick Google search on the word efficient returns the following definition - achieving maximum productivity with minimum wasted effort or expense. I like to think of efficiency as a ratio, or fraction. Most often the input value of the equation is time or money. Efficiency is something almost everyone strives for in some aspect of their life. Think about different tasks you try to become more efficient at.
Topics: yield efficiency