September 14, 2017
Managing Risk: A Conversation with Scott Farms
Scott Farms is a diversified crop farm. Operators include Brian, John, and Robert. Crops produced include corn, waxy corn, popcorn, soybeans, and seed soybeans. Scott Farms has a long history associated with the production of specialty crops, such as waxy corn. Specialty crops are utilized to enhance profitability and mitigate risk. As part of the farm’s efforts to improve its fertility program, variable-rate technology, side dressing of nitrogen, and drone technology are utilized. The use of cover crops has also been incorporated into the cropping systems.
TAGS:
TEAM LINKS:
RELATED RESOURCES
Conservation practices can improve soil health, reduce erosion, and lower greenhouse gas emissions—but they also create important profitability tradeoffs for commercial farms. This article explores how farms can evaluate competing goals such as conservation, profitability, and risk management using scenario analysis and long-run planning tools. Comparing practices like no-till, cover crops, and adding winter wheat to rotations, the analysis highlights why some conservation practices gain wider adoption than others and why long-term benefits often matter more than short-term economics.
READ MOREUPCOMING EVENTS
We are taking a short break, but please plan to join us at one of our future programs that is a little farther in the future.