Financial Dynamics of Oats
There are many factors considered by farmers when deciding what to plant, but not many more important that the expected return for their time and efforts. Input costs such as seed, fertilizer, and pesticides will vary across crops, making the decision harder, however, notice the large gap between oats and corn revenue per acre.
Average Yield per Acre (Bushels)
Average $ per Bushel
Average $ per Acre Planted
When accounting for all costs, a farmer can expect to lose on average $103 for every acre they plant oats instead of corn.
Would you invest time and capital into chemicals for a naturally hardy crop already losing you money?