New App Available to Help Soybean Farmers with the Economics of Inputs

The National soy checkoff is making it easier for farmers to determine if it’s worth it to apply a fungicide and to find the most cost-effective seeding rate. The United Soybean Board has developed a new app that includes two calculators to help farmers plan for their next crop. One helps users determine whether the yield benefits of various input combinations justify the costs. The other uses the main maturity rates for a farmer’s region, the cost of soybean seed and an estimated price of the soybeans at the time of sale to determine an optimal seeding rate based on percentage of return. Seth Naeve – lead investigator and associate professor of agronomy and plant genetics at the University of Minnesota – says this is a really easy way for farmers to get an idea about seeding rates for soybeans based on the cost of the seed and the price of the harvested grain.

The Extreme Beans app is a result of the soy checkoff-funded Maximum Yield Through Inputs study. The study compared the yields from plots where various inputs were applied to plots without additional inputs. It is available for Apple iPhone and Android-enabled smartphones – as well as other devices. Just search by the title in your device’s app store.

 

Source: NAFB News Service

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