Farmers Share What They Would've Done Differently in 2015

November 17, 2015 04:54 PM
 
Farmers Share What They Would've Done Differently in 2015

Hindsight is 20/20. That’s a given. But what would farmers have done differently knowing what they know now?

Farm Journal Media posed this question to 785 farmers as part of a 2015 harvest study. Here’s what farmers say they most wish they would have done in 2015.

  1. Added grain or other on-farm storage (27.2%)
  2. Planted earlier (23.3%)
  3. Installed field tile (22.2%)
  4. Made a fungicide application (18.3%)
  5. Harvested earlier (8.7%)
  6. Made  a nitrogen stabilizer application (7.9%)
  7. Planted a cover crop (6.5%)

The survey also asked farmers about their grain storage intentions, and the response supports their desire to store increased amounts of grain on-farm. More than half of respondents say they will store more than 50% of the 2015 crop.

crop_storage

Other insights from the survey include:

  • Corn yields in 2015 have been a mixed bag, with 40% of respondents seeing higher yields than last year, 36% with lower yields and 24% “about the same.”
  • Soybean yields fared a bit better, with 48% of respondents seeing higher yields than last year, 29% lower and 23% “about the same.”
  • In 2016, 61% of farmers plan to make no seed brand switches, and only 24% plan to purchase multiple seed brands next year.
  • Only 17% of respondents felt optimistic about the overall farm economy, but 44% said they were positive about their own farm’s financial health.
  • The most common “harvest bottlenecks” in 2015 were labor (28.8%), transportation capacity (23.7%) and lack of on-farm storage (17.9%).
  • 14% of respondents say they will retire in the next five years.

How did your harvest go this year? Continue the conversation by adding your thoughts to the comments below.

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Comments

 
Spell Check

Chad
Edmunds, OK
11/18/2015 09:37 AM
 

  Bigger Question: What about 2016? www.afairmarketprice.com

 
 
Fart
Fart, IL
11/17/2015 10:14 PM
 

  Yea....no one was concerned about locking in higher prices?

 
 
Oops
Who cares , AL
11/17/2015 10:10 PM
 

  Record amount of unsold grain at multi-year lows and no one surveyed wishes they would have sold when we were $1 higher in corn and $2 higher in soybeans?? Yeah, not enough on-farm storage or was the biggest problem!!

 
 

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