As a farmer, you have so many decisions to make. It ranges from what inputs to use, when, at what rates, to what crops are the most profitable on different fields, to the logistics of how you'll plant, spray, harvest, till (or not) your fields. Not to mention the management of grain handling and storage and any employees you utilize. You're looking to build the most profitable business you can that is sustainable year over year.
Foundations of agronomy and geography are the starting place for data-driven decisions.
I believe data driven decisions will power change in every aspect of crop production. Your data can be a valuable business asset that leads to greater profitability. Here are two reasons your data will lead to greater profitability:
- Yield limitations
I was meeting with a grower who asked the question, ‘Is the direction of Premier Crop going from a prescription company to an analytics company?’ My answer was: ‘Premier Crop has always been about analytics. We are not only a company known for analytics, but what to do with the information that is received within the data, in those analytics.
"Data is valuable, but data in the hands of the right people with the right context is really, really valuable." - T.J. Masker
"Growers tell me they are frustrated with precision ag, they've invested in the technology. I tell them, 'You just want to put the pieces of the puzzle together to see exactly what the picture is.’ And they are relieved when Premier Crop can help."
- Katie McWhirter, Director of Training and Development
If I asked you if you had a budget, you would most likely tell me you did. If I asked you where you could skim your budget in order to save more for your child’s education, a new truck or a vacation, you most likely wouldn’t know where to start. I know I wouldn’t!
"We have growers who tell us that we're helping them with their economics, which helps convince their lender to give them the full operating line."
It's almost the time of the year when making New Year's resolutions are popular. Ever make a business resolution? If you haven't been using your data to make decisions, how about making that your resolution?
I'm writing this before one of our great American traditions with agricultural roots – Thanksgiving – originally a time to be thankful for the bounty of the harvest. The 2017 crop year harvest has been a surprise to many. How is it possible to produce so much with such adverse growing environments? Here are just two Iowa examples:
Topics: yield analysis