Maximize Profitability with Cover and Relay Crops

IntroWhat’s Working In AgThe importance of better weather data and why BAMWX has better dataBamwx.com@BAMWXCOMHow does better data leads to farmers making better decisions?The value of having access to your own meteorologist….Why?How do farmers get a hold of them and get signed up?Introduce Guest-------Loran Steinlage @FLOLOFarmersIt’s that time of year, if you haven’t been incorporating covers on your farm you are seeing the neighbors flying them on,inter-seeding, and getting their deliveries and so on. So, we wanted to talk with an expert today to try and answer some ofthe question you might have. Start with Definition: Cover Crops: Various crops grown between the harvest of row crops, like corn orsoybeans and planting of the following year’s row crop to cover the soil, reduce nitrogen loss through plantuptake and phosphorus loss through reduced erosion. Why do you think cover crops aren’t the unanimously decided practice for every farm? When considering implementing cover crops on my farm what are some of the challenges I may face? Is this something I need to plan ahead for? How much planning goes in to a successfully managed cover cropprogram?o When putting a plan together, what are somethings I would need to consider? Goals of that cover crop…. Now sell me on it, what are the benefits of implementing cover crops? So we know what the challenges are I may face and you just shared the benefits, what about putting dollars and centsto the project? Is there a positive ROI to using cover crops? Can you provide an example?  Farmers will be able to easily calculate return on investment for cover crops with a new online tool.It will help farmers decide whether or not cover crops work for their operation. Iowa State University’s Sustainable Agriculture Research and Education Program (SARE) The tool shows farmers’ estimated annual net returns of cover crops under a variety of scenarios. The tool was created in Iowa but can be used in any U.S. state.o “Since the tool allows the user to create his or her own scenario using their own data it canbe used by any farmer in the U.S. to evaluate the net returns to cover crops in a corn-soybean rotation,” he says.  Select state, then region, then cash crop, then custom or not applied, burn down or not, expectedcrop price. – hit submit – spits out a chart to customize https://www.card.iastate.edu/conservation/economics-of-cover-crops/net-returns-calculator/ As a farmer working with cover crops, do I have to foot the entire bill to the programs? Are there ways to help withthe upfront costs? Ok, so now you’ve sold me on starting. How do I know what to choose, where to start, etc….?o Resources available?o Cover Crop Decision Treeo https://practicalfarmers.org/wp-content/uploads/2018/12/Cover-Crop-Decision-Tree-and-Seeding-Only.pdf Anything else you think the listener should hear? What do you have to say to the person who thinks “this will never work”? We ask every guest, what do you believe or have observed is the greatest characteristic or trait of the most successfulfarmers you know? Summary Challenge Remember to submit topics and episode ideas to [email protected] Want Farm4Profit Merch?  Custom order your favorite items today!https://farmfocused.com/farm-4profit/ Don’t forget to like the podcast on all platforms and leave a review where ever you listen! Website: www.Farm4Profit.comShareable episode link: https://intro-to-farm4profit.simplecast.comEmail address: [email protected]/Text: 515.207.9640Subscribe to YouTube: https://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5XqwFollow us on TikTok: https://www.tiktok.com/@farm4profitllc Connect with us on Facebook: https://www.facebook.com/Farm4ProfitLLC/Farm4Profit Media is not a financial, legal, or tax advisor. Content is provided for informational purposes only, and we serve solely as a platform for third-party opinions. Any actions taken based on this content are at your own risk. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.