While most everyone would love to have the cash to invest in improvements in their farm, it is not always available. So how do you determine the best places to use your cash as opposed to utilizing financing? Investing in irrigation can be a significant drain on cash, especially when you are just getting started and often incurring more infrastructure cost like wells. Because the impact on yield from timely water application can offset interest expense, utilizing financing for irrigation projects may be a better place to explore financing tools.

While Michigan is a supplemental irrigation state, meaning we generally get enough water to make a crop, the additional yield gained from timely water application can have a positive impact on your profitability. The following information is designed to help you consider some of the key factors in determining if investing in center pivot irrigation is a viable option to consider.

With today’s tight margins, it only makes sense to spread your fixed costs over more bushels. While bigger isn’t always better, utilizing your resources to produce more units may help your bottom line. What are some ways you can make changes in your operation to have more yield to sell?