Viewing your field’s profitability with AgSolver in Incompass

Jul 08, 2020


AgSolver, a new feature available in Incompass allows growers to see their field in ways they never have before. AgSolver takes all the data that you have been collecting for years and using it to see the true profitability of your farming operation.
AgSolver is looking at things other than just did my fields yield more than they did last year but what was my fields profit down to the 3 meter by 3 meter square? It’s giving the growers a tool to make decisions for their operation on things like “Does variable rate pay?”, “Is it worth making a fungicide application?”, and “Which nitrogen rate makes me the most profit?” As an industry we have always contributed yield as being successful on a field. This is not always the case depending on the expenses it’s taking you to get to that yield. With this tool you can measure success with true profitability and ROI on your dollars that are being spent.
Using the field below as an example, we see that the field made 64 bushels of soybeans to the acre. Average profit was $110.02 and the field had a strong ROI 26.7%. At the same time, we had an acreage opportunity ration of 14.3%, meaning we had 14.3% of this field that was either losing money or breaking even. This equates to $2089.60 that we’re spending and not getting a return on investment. We also can see that our breakeven price is $7.29 and based on the inputted sale price this field will profit $3808.61
 

Read More News

Jun 06,2022
 Quality fertilizer application is critical every year, but the spotlight is intense on this field-pass given current input costs. No matter the application system used, factors such as weather, humidity, and field conditions can make quality applications difficult to achieve. However, accurate and precise application can be attained by regularly testing for calibration and uniformity, and machine maintenance
May 16,2022
Based on a Prospective Plantings report released on March 31 from the United States Department of Agriculture’s (USDA) National Agricultural Statistic Service (NASS), Tennessee farmers  farmers intend to plant an estimated 970,000 acres of corn in 2022, 50,000 lower than 2021. U.S. corn growers intend to plant 89.5 million acres for all purposes in 2022, down 4% from 2021 and 1% lower than 2020.
 
May 02,2022
For those not familiar with it, the incredibly innocuous name “plant bug” might illicit a chuckle on first hearing.
“Aren’t all bugs plant bugs?” you may ask. But for fruit, vegetable, and row-crop farmers — cotton producers, in particular — plant bugs are no laughing matter, and their name is synonymous with expensive inputs and lowered yields. Increased numbers of the insect, more specifically, the tarnished plant bug (TPB), are creating big problems within the cotton industry in parts of the Southeastern U.S.