As agriculture becomes more advanced year after year, Return on Investment (ROI) is becoming more important. Farmers are now monitoring how much each dollar spent is bringing back to their farm in terms of new profit but Return on Investment is not the only thing to consider. Having a lower cost application with a large Return on Investment is not always the best case scenario.
For example:
Farmer #1 uses a $3.00 per acre product that results in 6 to 1 Return on Investment. ($18 per acre net profit)
Farmer #2 uses a multiple application program that costs $20.00 per acre that results with a 3 to 1 Return on Investment. ($60 per acre net profit)
While Farmer #1 had a “better” ROI, it was Farmer #2 who used multiple applications throughout the season that brought in $42.00 more per acre in net profit to his farming operation. When you calculate this over a full section of land (640 acres), this results in Farmer #2 bringing in $26,880.00 more in profit over Farmer #1.
Speak with your local Stoller Territory Manager about how a full Stoller Crop Program can make your operation more profitable.
