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Risk Management Conference June 12, 2007 Rochester, MN

This document summarizes insights shared at the Risk Management Conference on June 12, 2007, in Rochester, MN, by Eddie Johnson from Wicomico County Extension. It highlights the profitability of corn with historical price, yield, and cost data from the years 2000 to 2006, showcasing trends that could inform future management strategies. Additionally, it includes details on corn improvement programs and highlights the importance of adhering to non-discrimination policies in agricultural practices.

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Risk Management Conference June 12, 2007 Rochester, MN

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  1. Is Corn Profitable? Risk Management ConferenceJune 12, 2007Rochester, MN Eddie Johnson Wicomico County Extension University of MD Salisbury, Maryland ejohnso3@umd.edu

  2. Best Manager’s Award • Year Price Yield Cost • 2000 $1.92 203 $1.08 • 2001 $2.10 215 $1.26 • 2002 $2.90 235 $1.80 • 2003 $2.45 204 $1.27 • 2004 $2.20 232 $1.29 • 2005 $2.15 168 $1.46 • 2006 $2.89 254 $1.41

  3. TRI-COUNTY CORN IMPROVEMENT PROGRAM NAME: _____________________________________________ PHONE: _____________________ (as it should appear on certificate) ADDRESS:____________________________________________________________________________ IRRIGATED: NO-TILL_______ CONV._______ NON-IRRIGATED: NO TILL______CONV_______ CORN YIELD DATA Stalk Count – Number of stalks in 100 feet of 1st row_______ 2nd row______ Variety_________________________ Planting Date____________________ Planting Rate/A_____________ INSECTICIDE___________________ Rate/A_______ INSECTICIDE________________ Rate/A_______

  4. Fertilizer Program (Per Acre) Trace Elements – Name – Lbs/Acre:____________________________________________ pH____________ Lime Used: _______________________________________________

  5. It is the policy of the University of Maryland, Agricultural Experiment Station and Maryland cooperative Extension that no person shall be subjected to discrimination on the grounds of race, color, gender, religion, national origin, sexual orientation, age, marital or parental status or disability.

  6. YIELD

  7. Best Manager’s Award • Year Price Yield Cost • 2000 $1.92 203 $1.08 • 2001 $2.10 215 $1.26 • 2002 $2.90 235 $1.80 • 2003 $2.45 204 $1.27 • 2004 $2.20 232 $1.29 • 2005 $2.15 168 $1.46 • 2006 $2.89 254 $1.41

  8. Questions

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