With input prices rising in tandem with rising crop returns, farmers are both upset and still on the hook to plant for 2022. In light of stories about rising nitrogen prices, along with other inputs, the Farm Progress PANEL asked about plans for the new planting season.
The question? With fertilizer prices rising, what are you considering for 2022?
About 16% report they're looking at nitrogen alternatives, and there are more on the market for 2022 than ever. Whether they're looking at biological sources, or other tools, this number is probably a lot higher than if we had asked in 2020.
About one-fifth report they're applying their fall fertilizer base and watching spring prices. It's a "bet on the future" approach that has worked in the past. The challenge for those growers will be keeping tabs on prices and moving if they drop to capture a better price.
A little more than one-fifth – 22% - are changing their fertilizer plans responding that they are making planned reductions for 2022. There is some evidence, depending on soil type, that increase mineralization of available nitrogen may help cover your farm. The trick is what types of soil those farmers crop, but it's a strategy that may pay off for them.
Most farmers responding – 42% - show the optimism of agriculture that keeps farmers on the land. They responded that they were making "no change, we'll get through this." It's a positive response in tough times, but shows that farmers in the PANEL remain a "glass half full" group.
Thanks to everyone who responded to these PANEL questions.
Let your voice be heard
The Farm Progress PANEL is your chance to share your thoughts on key issues. To take part, start by signing up for our daily mobile text service Farm Progress NOW. To do that text FARM to 20505, and be sure to respond to the text that follows we have a double opt-in system to make sure you're signed up.
Later in one of our daily update texts we'll provide information about how to sign up for the PANEL. And thanks to the respondents for helping us out.