Fertilizer Expenses Creep Upward

After slashing their fertilizer bill nearly 27% in 2016, no-tillers battled to keep their spending on applied nutrients to a 4% increase last year.

After having made considerable cuts to their fertilizer spending in 2016, No-Till Farmer readers fought hard to hold on to those dollars in a bid to stay profitable in 2017. They did well, for the most part.

The 497 readers who participated in our 10th annual No-Till Operational Benchmark Study spent an average of $57,536 on fertilizer last year, which was just $2,117 more than the $55,419 spent, on average, per farm in 2016.

While no-tillers spent $50.16 per acre on fertilizer last year vs. $48.07 in 2016, a modest increase of 4.3%, it was more than last year’s survey respondents expected to spend. After cutting fertilizer costs by 26.7% last year, no-tillers surveyed last year thought they might be able to take another 7.6% off the fertilizer bill. Those cuts did not materialize.

This year’s survey respondents are expecting modest increases in fertilizer expenses for 2018. They anticipate spending $59,605, or $51.97 per acre, an increase of 3.6%.

Fig_2.png

Nibbling at N Rates

No-Till Farmer readers will continue to nibble away at applied nitrogen (N) rates. Just 4 years ago, 12% of no-tillers were applying less than 0.8 pounds of N toward their targeted corn yields. For 2018, 19.7% of No-Till Farmer readers say they will apply below that level. 

With 49.2% of no-tillers applying in the 0.8-0.99 range, that means 68.9% of No-Till Farmer readers, or better than two-thirds, are applying less than 1 pound of N per targeted corn yield.

No-tillers will be more diverse with N applications…

To view the full article, please subscribe or login.
 Premium content is for our Digital and Premium subscribers. Please purchase a subscription to get access to all No-Till Farmer content and archives.
Bruggink-darrell

Darrell Bruggink

Executive Editor/Publisher

Top Articles

Current Issue

NTF_July_0718_198w.jpg

No-Till Farmer

Get full access NOW to the most comprehensive, powerful and easy-to-use online resource for no-tillage practices. Just one good idea will pay for your subscription hundreds of times over.

View More

Must Read Free Eguides

Download these helpful knowledge building tools

View More
Top Directory Listings