Your View: Do crop prices affect your management

Reading Time: 3 minutes

Published: December 11, 2014

,

Do you change how your farm is managed when prices fall for crops you traditionally grow? 

Include @CdnAg in your tweets to have them added in the twitter widget below. | Robin Booker photo.

Canadian crop producers are on the tail end of some of the best years ever, with record yields, prices and net farm income. Now though, with an eye-popping corn and soy yields south of the border and margin outlooks looking barely positive, does this change how you pencil-in acres this winter for the spring seeding campaign?

Read Also

Grain is dumped from the bottom of a trailer at an inland terminal.

Worrisome drop in grain prices

Prices had been softening for most of the previous month, but heading into the Labour Day long weekend, the price drops were startling.

// ]]>


Do you change how your farm is operated when future prices fall for crops you traditionally grow?

I change my rotation and grow the crops with the best projected margins 0%
I stick to the rotations and fertility management I know0%
I grow my usual crops but apply less fertilizer 0%
l base my decisions on being able to secure profitable contracts or take futures positions0%
l store more grain on farm and wait for higher prices0%
I spread my risk by growing more crop types0%


When margins are tight for grain and oilseed producers, is it a good time to to deal with weed pressure and boost fertility in underperforming areas and fields by summer fallowing or adding a cover crop rotation?

Yes, so I’ll be in a better position to take advantage of higher prices at a future date0%
No, it’s even more important to get every possible bushel in the bin when prices are low0%
I don’t have underperforming areas or fields of any consequence0%

explore

Stories from our other publications