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Will you back out of land rent contracts this year?

Rencently, Reuters published a story about farmers backing out of land rent contracts. Corn and soybean prices are below break-even levels, inputs haven’t come down much, and penciling a profit may be tough for some farmers in 2015. We’d like to know: Will you cancel some land rent contracts due to costs this year? Are you considering it? Or is losing land not an option for your farm? Take our latest poll and let us know. And leave a comment with your thoughts on land rents and prices and how that will impact your operation. Also, read more about this issue in a recent story we published.

 


Which inputs will you cut back in 2016?

Prices are still low, and inputs still haven't met the drop. This may lead farmers to cut inputs in 2016. We'd like to know, compared to your 2015 input expenses, where do you plan to cut the most for 2016? Will you cut back most on fertilizer? Seed? Herbicide? Will you cut across the board? Or, will you stick with 2015 cost levels? Feel free to leave a comment about your choices below!

 


How would $700 million dollars impact your farm?

The Powerball jackpot is going to be around $1.4 billion for the Jan. 13 drawing. ONE-POINT-FOUR BILLION DOLLARS. That's seriously life-changing. Even if you took the lump sum option, which will probably be around $900 million. Not a bad paycheck. How would winning something like that impact your farm? Would you buy more land? Hire people to run your farm? Or just pack up and leave it all behind? Have a little fun and take our latest poll! Feel free to comment with more options of spending your millions.


Will you cut crop insurance to save costs?

Low corn prices. Low soybean prices. Cut costs. Save money. We've been reading these headlines a lot over the past months. And they don't seem to be going away. But what's coming up is the deadline for choosing crop insurance. Given low prices and cost cutting, will you cut crop insurance in order to save some money this year? Take our latest poll and let us know. Feel free to comment your thoughts below!


Should GMOs be labeled?

Recently, some major food companies have decided to label GMOs in their food products (but not because they believe GMO products are unsafe). The state of Vermont has chosen to label GMO foods, too. In light of these decisions, we'd like to know: Do you think GMO labeling is necessary? Should this be a federal issue? State issue? Or is GMO labeling just not necessary? Feel free to leave your comments below!

 


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