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

Oct 04,2022
Variety selection critical for next year’s harvest
Sep 06,2022
As the hot days of September begin, farmers across the Southeast are preparing for harvest. In cotton country, preparation often involves pulling the cotton pickers into the shop and performing general maintenance like replacing worn spindles and moisture pads, adjusting doffers, and generally making sure the machine is ready to operate as effectively as possible.
Aug 01,2022
The first seven months of 2022 have evaporated, and mid-South farmers now find themselves within a stone’s throw of harvest season. Gone are the days of relying on time-worn hunches, a can of WD-40, and the Farmer’s Almanac when preparing for the season. In today’s high-tech farming, a pre-harvest checklist for combine set-up and calibration is mandatory for producing the accurate data that will inform next year’s high yields.