Spring 2006
|
| Are you
profit-minded in times of high prices? Take our Quiz to
find out! |
1. Fertilizer
costs have risen to record levels in the past year or so.
The single most important reason for the run up P and K prices
is . . .
A.
Higher oil prices
B.
Increased transportation costs
C.
Growing worldwide demand for fertilizers
D.
Global warming |
2. From 2000 to 2004, global demand for potash has increased
by . . .
A.
10 percent
B.
13 percent
C.
19 percent
D.
25 percent |
3. High prices for energy and crop nutrients mean producers should
lower yield goals temporarily.
A.
True
B.
False |
4. Compared
to the increase in prices of farm machinery, fertilizer prices
have risen at . . .
A.
A higher rate
B.
A lower rate |
5. Compared
to the increase in seed prices since 1990, fertilizer prices
have risen at . . .
A.
A higher rate
B.
A lower rate |
6. Compared
to the increase in fuel prices since 1990, fertilizer prices
have risen at . . .
A.
A higher rate
B.
A lower rate
C.
The same rate |
7. Based on
current fertilizer recommendations, fertilizer costs for
corn production in Iowa are projected to increase 19 percent,
or $11 per acre. Assuming a 170 bu/a yield goal, how much
are potash costs likely to increase per bushel?
A.
$ .01
B.
$ .86
C.
$1.45
D.
$2.09 |
8. The fertilizer cost of
growing soybeans in Iowa this year is expected to rise by
10 percent, or $3 per acre. Assuming a yield goal of 50 bu/a,
how much extra will the P required to produce each bushel
cost?
A.
$ .02
B.
$ .64
C.
$1.73
D.
$3.00 |
9. I can save
money by reducing fertilizer rates below what my crop removes.
A.
True
B.
False
C.
It depends |
10. If I can't afford to apply each recommended rate of N, P and K, I'm
better off to apply at least some of each rather than focusing on just
one nutrient.
A.
True
B.
False |
11. Despite high fertilizer costs, most farmers will be money ahead
by following an efficient and effective nutrient management program.
What action should such a program include?
A.
Keeping soil test information current
B.
Basing fertilizer decisions on each field
or field area.
C.
Using all available nutrient
sources
D.
Fertilizing for appropriate
yield levels
E.
Adopting nutrient management
practices based on proven
scientific principles
F.
All of the above
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