The True Value of Purchasing Decisions
When it comes to purchasing items, none us of want to overpay for a product or service. People often say they are looking for the cheapest route. In reality, it is not ‘cheap’ we seek, but value. If you know that a certain expense will give you a return on your investment, you are very willing to spend the money.
The Challenge of Guaranteeing ROI
These days, everyone is seeking a guaranteed return on their investment. However, such assurances rarely exist. Too many factors influence any production decision, but there are trends that are noted which improve the odds of a return on investment. Choosing the proper crops, hybrids, pesticides, and biotech traits are some of the biggest decisions you and your agronomist make each year.
Risk Management in Agriculture
We are in the business of risk management. If we can help select the crop and a variety with the proper traits to match each situation, it can make a difference between profit and loss. Sometimes that means we don’t recommend the cheapest product available. If a certain herbicide tankmix is ‘cheap’ but does not control the weed spectrum in your field, it becomes a very costly mistake. We can all relate to a situation where a few extra bucks spent would have made a 20-50 bu difference in yield.
Value over Cost: A Balanced Approach
At Crop Quest, we prioritize value and efficiency, avoiding unnecessary expenses or excessive input use. Research shows that over the years, planting a variety with a specific trait package has a yield advantage over the conventional counterpart. The yield advantage and flexibility that certain traits bring to the table in most cases easily pays for the tech fee.
Key Questions to Consider Before Planting
When deciding on hybrids, it is good to keep this in mind. But this leads to other questions that need to be addressed before planting all traited varieties. How does this affect your overall crop plan? Are there cost differences that you need to know? How do these traits alter the plan to control other pests? Are you keeping precise records of where all the different traits are planted to avoid crop injury?
We are confident that you are doing business with Crop Quest because we add value to your operation.
Your Crop Quest Agronomist is more than willing to help you make these crucial decisions. Then the key is to execute your plan in the best way possible. Timing is everything in production agriculture. Our ability to be on your farm and ensure that operations are carried out at the most opportune time can make the difference between success and failure. Crop Quest has all sorts of tools available to help you with your risk management decisions. We look forward to continuing to share these with you. As a company, we also look for ways to add value to our service. We stay on the cutting edge of ideas and technology to constantly improve our service to you.
