Farm Horizons Farm Horizons 4/16 | Page 12

Farm Horizons • April 4 • Page 12 Be better and farm the best Micheal Swanson, Ag Economist for We all have land that is never our Wells Fargo, has a saying, “Farm the best highest-yielding, but is it more profitable Myron Oftedahl than others? and leave the rest.” Farm Business Another quote along this line is from The point that Swanson makes is that Management Instructor, South Central College David Kohl, “You have to be better beyou cannot pay the same amount of rent fore you can be bigger.” for poorer or marginal land. An acre is Being better means getting education, not equal to an acre in many cases. and understanding how decisions impact I had a college professor use the quote, other things in your operation. Being better means to “Productive land is always fertile, but fertile land is not have accurate enough records so that you know what is always productive.” the best. There is a lot of truth to that statement; some of the Do you know which fields or farms make you money most fertile land in the US and other countries is the river year-in and year-out? Do you have an enterprise on your bottom land where flooding deposits the silt carried from farm that is continuously subsidized? other areas – that silt carries a lot of nutrients with it. The It can be a hard decision to get rid of an enterprise that pr ؛[H\