I was going to put one out at our farm. The drought in mid August killed my 7 acres of corn and 4 acres of beans to the point there was no grain production. I asked around about it and have changed my mind for several reasons
If you put a feeder out you need continue to feed and every deer in the area will come and use it. It could get very spendy to keep the feed supplied, not to mention the $100 trip to the farm each weekend to fill it. My uncle got a feeder 3 years ago, by the end of winter he was feeding 42 deer, he feed 8200 lbs of corn that winter. That’s a lot of cash!
Secondly, they say if you put a feeder out it draws a lot of deer. Deer are browsers and will eat all the browse in the area around the feeder, thus leaving you with an area that will be depleted of browse for several years to come.
I don’t have any facts, but these are article that I read that cause me to change my mind. For what it’s worth