High corn and soybean prices arguably mean that a fungicide application — or any other input that nudges up yields — can pay for itself and then some.
But whether fungicides continue to be a tool that can be used profitably on a yearly basis as commodity prices settle is up for debate.
At an applied cost of around $25 per acre, producers need to see more than a 7.5-bushel-per-acre advantage for $3.25 corn and more than a 3-bushel advantage for $8 soybeans to break even on a fungicide application.
Manufacturers say results show that fungicides typically provide a payback in today’s economy:
In the last 5 years, fungicide use has exploded in the U.S., which means there are a lot of producers who should be pushing the pencil on fungicide pro?tability as markets shift.
“In 2003, there were almost no corn acres treated with fungicides and few soybean acres. Now, we’re treating 40 to 50 million acres of corn and soybeans each year,” says Don Hershman…