Economics of Fertilization

Paul R. Robbins

No 240690, Miscellaneous Staff Contribution from Purdue University, Department of Agricultural Economics

Abstract: Crop prices have dropped d:rast:j..cally in recent years while most production costs have continued to increase. ;During the last three y~ars of the 1950fs as compg.red with the first three years of the 1950's the average Indiana farm price for various crops ha-d declined as .follows: corn, 29%; soybeans, 23%; oats, 22%; wheat, 15%; and hay, 12%. In 1961 the' pric.es of these crops ·Wi.11 n:o doubt--be lower than during the late 19501s. This does not necessarily mean. that we should use less fertilizer. Whether one should use less or more largely depends upon fertilizer ·.application rates in the past.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 8
Date: 1961-01
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Persistent link: https://EconPapers.repec.org/RePEc:ags:inpusc:240690

DOI: 10.22004/ag.econ.240690

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