COST SAVINGS FOR CORN FARMERS
How much fertilizer do you need to guarantee a top yield? Have you ever applied extra fertilizer, just in case? Now corn farmers can save on fertilizer costs, without the risk.
What about reduced tillage practices? How would you like to try these practices on your own farm - protected from yield loss by the AGFLEX BMP performance guarantee?
Best Management Practices
here's how the Nutrient BMP Performance Program works. First, an approved crop advisor recommends a BMP for your fields.
You apply the recommended rate of N and P fertilizer specified in the BMP on the insured acreage, and your usual amount on a check, or comparison strip.
Your approved crop advisor will work with you to establish this check strip early in the season.
Here's an example: The University of Wisconsin (UW) recommended nitrogen (N) rate for corn on a soil with 3% organic matter and low to medium yield potential is 120 pounds per acre. Assume there is a 120 lb N/acre legume credit from last year’s alfalfa and that a soil test found excessively high phosphorus (P) soil levels.
In this case, the UW recommendation would be to apply no additional nitrogen or phosphorus. To implement the insurance, a certified crop advisor lays out a representative test strip in the insured field. On the test strip, the farmer applies extra nitrogen and phosphorus at a level that he or she is confident will supply enough plant nutrition, e.g., 100 pounds of N and 50 pounds of P2O5. On the balance of the field, the farmer follows the UW recommendation.
In this example, the minimum amount saved is $11.17/acre and the maximum saved is $26.37/acre. Your savings will depend on the amount of fertilizer you typically apply, your soil test results and the recommended BMP for your site.
This example assumes 100 acres are enrolled, N costs of $0.22/lb, P2O5 costs of $0.23/lb, corn at $2.20/bushel, test strip yield of 120 bushels/acre, and a cost of $9.00 per acre for nutrient planning plus the performance guaranty.
started saving money!
2004-2011 Agflex, Inc. All Rights Reserved. Acknowledgements
© 2004-2011 Agflex, Inc. All Rights Reserved. Acknowledgements