Publication Date

2015 12:00 AM

Description

High commodity grain prices from 2008-2013 attracted marginal ground in to row crop production at the expense of pasture, hay and wooded acres in the Driftless Region. CBO, USDA and FAPRI forecast till 2018 and beyond is for average grain prices to be at or below costs of production. In some cases the marginal, lower productive ground may not make economic sense to continue in grain production.

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Jan 1st, 12:00 AM

Economics of marginal corn ground compared to seeding to pasture or hay

High commodity grain prices from 2008-2013 attracted marginal ground in to row crop production at the expense of pasture, hay and wooded acres in the Driftless Region. CBO, USDA and FAPRI forecast till 2018 and beyond is for average grain prices to be at or below costs of production. In some cases the marginal, lower productive ground may not make economic sense to continue in grain production.