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Survey: One third of farmers to lower nitrogen application rates

One third of farmers are planning to lower nitrogen application rates this growing season, according to the latest Purdue University/CME Group Ag Economy Barometer.

Jim Mintert is the director of the Purdue Center for Commercial Agriculture.

“I think it’s interesting to think that many people are thinking about cutting rates,” he says. “For a lot of folks, that final decision for rates is going to be made when they’re putting the nitrogen on. It’s going to depend a lot on what the price ratios look like at that point and availability.”  

He says that number is down from 37 percent of corn producers who said they planned to reduce rates in last month’s survey.

Mintert says availability concerns will likely continue.

“Fertilizer was one of the components people said they had some difficulty procuring,” he says. “That’s going to be an issue going forward and is probably going to hang in there awhile if you think about what’s taking place with respect to energy supplies related to the Ukraine situation.”  

The Ag Economy Barometer is a monthly national survey of 400 U.S. agricultural producers.

Audio: Jim Mintert

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