SHAKING UP THE PRICING STRUCTURE
Successful Farming|July 2023
Ag companies are changing the way farmers pay for inputs.
Chelsea Dinterman
SHAKING UP THE PRICING STRUCTURE

Agricultural pricing structures have remained largely the same for decades. While buying seed by the bag and inputs by the jug is the norm, it can lead to headaches when calculating cost per acre or the price of modifying management strategies. Several seed and input companies are looking to change that with new pricing structures, offering increased flexibility and reduced risk for farmers.

Seed by the Acre

One program revamping the way farmers buy seed is GHX offered by Syngenta. MaxScript recommendations match field conditions to hybrid and plant populations and offer those seeds for a flat, per-acre price. An on-call team of experts and access to the GHX mobile app aim to keep the process simple.

"The one key difference is that it all starts with the farmer," says Wade Wiley, head of customer experience strategy and business intelligence for Syngenta. "We're very focused on the farmer winning, and we want to make it easy for the farmer to realize the potential that they have for their farm."

The platform intends to give farmers room to think about maximizing yield rather than the cost of seed.

Rye Randolph, a Canton, Illinois, farmer, started using GHX early last year. His seed dealer knew he liked cutting-edge technology and recommended he try the program and provide his feedback. Randolph says it's made planning and marketing his crop easier. "When you're planning almost a year in advance and trying to get your operating line set in stone, it's nice to know the seed is going to cost me this amount per acre," Randolph says.

Knowing his set price per acre has also allowed Randolph flexibility when it comes to experimenting with plant populations.

هذه القصة مأخوذة من طبعة July 2023 من Successful Farming.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 2023 من Successful Farming.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من SUCCESSFUL FARMING مشاهدة الكل
THE WOMAN BEHIND 'THIS FARM GIRL COOKS'
Successful Farming

THE WOMAN BEHIND 'THIS FARM GIRL COOKS'

Coming up with quick, on-the-go meals is one of the many talents Deanne Frieders brings to the table.

time-read
4 mins  |
August 2024
HOW TO GROW A DOUBLE CROP OF CATTLE FEED
Successful Farming

HOW TO GROW A DOUBLE CROP OF CATTLE FEED

This Iowa farmer has perfected an annual system with four forage species that maximizes tonnage, resources, and feeding quality.

time-read
5 mins  |
August 2024
GOOD FENCES MAKE GOOD NEIGHBORS
Successful Farming

GOOD FENCES MAKE GOOD NEIGHBORS

The doctrine of title by acquiescence determines the legal boundary line between two properties and overrules the boundary listed in the deeds.

time-read
3 mins  |
August 2024
TIME WELL SPENT
Successful Farming

TIME WELL SPENT

Senator Charles Grassley reflects on careers in farming and government.

time-read
4 mins  |
August 2024
BUILDING FARM STABILITY
Successful Farming

BUILDING FARM STABILITY

This young farmer uses regenerative practices and diversification to set up his farm for the future.

time-read
2 mins  |
August 2024
THE MEXICO MAIZE
Successful Farming

THE MEXICO MAIZE

Navigating Mexico's ban of genetically modified corn.

time-read
6 mins  |
August 2024
NEVER TOO BUSY TO LEND A HAND
Successful Farming

NEVER TOO BUSY TO LEND A HAND

Between their cattle operation, crops, and off-farm jobs, Dean and Tillie Thompson have plenty to do, but they still find time to serve their community.

time-read
5 mins  |
August 2024
WHAT SHOULD THEY EXPECT?
Successful Farming

WHAT SHOULD THEY EXPECT?

Problem: Two parents are conflicted about meeting their kids' inheritance expectations.

time-read
2 mins  |
August 2024
TIPS FOR A SAFE HARVEST
Successful Farming

TIPS FOR A SAFE HARVEST

Follow these steps to protect you and your machinery while in the field this autumn.

time-read
2 mins  |
August 2024
9 NEW DAIRY PRODUCTS
Successful Farming

9 NEW DAIRY PRODUCTS

See the latest innovations displayed at World Dairy Expo.

time-read
3 mins  |
August 2024