Saturday, February 17th 2024

Shrinking Net Farm Income Forces Focus on Efficiency

Most everyone knows that the world’s population will grow from about 7 billion people today to exceed an estimated 9 billion people by 2050. That along with an expanding middle class will require agriculture to double food production, but USDA tells us that global production is not accelerating fast enough.

Some people may suggest that planting all GMO crops would resolve our food production challenges. I believe, however, that new and old GMO traits are great tools. Our research plot at The Farm Research Center in Garden City, Mo., shows that non-GMO corn and soybeans can yield as much as or more than their GMO counterparts. Raising non-GMO products may provide premiums that can improve your bottom line, and some consumers are increasingly demanding non-GMO products. The same is true for organic foods. If we can improve profitability by growing these value-added crops,then we may want to take a closer look at them. We hear a lot of talk about sustainability these days. To us, the most important part of sustainability is that we make enough money to farm again next year.

American farmers must meet food demand not only in 2050 but also in the near term. If the U.S. doesn’t do it, then who will? Here is the good news. In our research plots, we have evaluated multiple yield-enhancers, and many look great. Several biological products and cold-processed sweeteners deliver higher yields and higher profits. By applying our BigSoy100 cold-processed sweetener six times and BigSoy100DB cold-processed sweetener and crop biological blend four times, we had an irrigated soybean trial average 89.7 bushels per acre during 2015.

Call us at 816-773-6018 to learn about using BigSoy100 and BigSoy100DB on your farm.

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