Economic and Marketing Information for Indiana Farmers (Feb. 28, 1966) |
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Economic and Marketing Information FOR INDIANA FARMERS Prepared by the Agricultural Staff of Purdue University, Lafayette, Indiana February 28, 1966 by Paul R. Robbins and Jay L. Strom, Agricultural Economics It is now possible to raise corn and soybeans in narrow rows1 using a complete line of factory equipment. Growers have long recognized the greater yield potential for narrow row soybeans. For many years soybeans have been grown in narrow rows by a limited number of farmers who usually duplicated ownership of equipment to plant and cultivate narrow row soybeans while growing wide row corn. Manufacturers are now making and promoting the sale of equipment to raise both corn and soybeans in narrow rows. As a result of the wide publicity concerning narrow row culture, many farmers are now trying to size up the economics of their new choice in machinery purchases. Indiana farms are rapidly increasing in size and often specialize in corn or corn and soybean production. Small changes in the cost of production or yield per acre on large specialized farms can make a significant contribution to net income. What Kind of Farmers are Justified in Switching? Some important factors in determining if a farmer can economically justify converting to narrow row culture for both corn and soybeans are: 1. What are the net returns from alternative yield boosting possibilities such as more fertilizer, better weed control, etc. 2. What are the ages of the principle pieces of equipment now owned? 3. What is the acreage of corn and soybeans to be grown? 4. How are extra costs and returns resulting from narrow rows shared between the renter and landlord? Equipment manufacturers are now making narroiv ro to farmers. Pictured here is a 6-row narrow planter. quip it available 1Narrow rows defined for this study are a spacing of 30 or 32 inches with nearly all observations at the 30 inch spacing. What are the Expected Yield Increases from Narrow Rows? Experimental data and farmer experience in the Corn belt would indicate a 10-15 percent increase in soybean yield as a result of switching to 20- to 30-inch row spacings. Experimental data and farmer experience on yield response of corn to narrow row culture is more limited than for soybeans. But, Purdue agronomists feel that an average increase of about 5 percent can be expected from 30-inch rows as compared to 40-inch rows if present hybrids and cultural practices are used and other factors are held constant. The Survey and Economic Analysis From data obtained from 55 Indiana farmers and several equipment dealers in December of 1965, partial budgets were computed to compare the costs incurred for narrow row compared to wide row production of corn and soybeans. The analysis estimates yield increases required to cover added costs resulting from a shift to narrow rows. Of the farmers reporting, three- fourths switched from their old 4- row-wide systems to the new 6-row- narrow. The next most popular switch was from 4-row-wide to 8-row-nar- row. Only the switch from 4-row-wide to 6-row-narrow is considered in this analysis. Working width is slightly different for the two systems: 160 inches compared to 180 inches for planters and cultivators and 80 inches versus 90 inches in corn combines or a 12.5 percent increase in width. The usual complement of narrow row equipment is the 6-row 30-inch planter and cultivator, and a 3-row 30-inch com-
Object Description
Title | Economic and Marketing Information for Indiana Farmers (Feb. 28, 1966) |
Purdue Identification Number | UA14-13-econ196602 |
Date of Original | 1966 |
Publisher | Purdue University. Agricultural Extension Service |
Subjects (LCSH) |
Farm produce--Indiana--Marketing Agriculture--Economic aspects--Indiana |
Genre | Periodical |
Collection Title | Extension Economic & Marketing Information (Purdue University. Agricultural Extension) |
Rights | Copyright Purdue University. All rights reserved. |
Coverage | United States - Indiana |
Type | text |
Format | JP2 |
Language | eng |
Repository | Purdue University Libraries |
Date Digitized | 05/01/2015 |
Digitization Specifications | Original scanned at 400 ppi on a BookEye 3 scanner using Opus software. Display images generated in Contentdm as JP2000s; file format for archival copy is uncompressed TIF format. |
URI | UA14-13-econ196602.tif |
Description
Title | Economic and Marketing Information for Indiana Farmers (Feb. 28, 1966) |
Purdue Identification Number | UA14-13-econ196602 |
Transcript | Economic and Marketing Information FOR INDIANA FARMERS Prepared by the Agricultural Staff of Purdue University, Lafayette, Indiana February 28, 1966 by Paul R. Robbins and Jay L. Strom, Agricultural Economics It is now possible to raise corn and soybeans in narrow rows1 using a complete line of factory equipment. Growers have long recognized the greater yield potential for narrow row soybeans. For many years soybeans have been grown in narrow rows by a limited number of farmers who usually duplicated ownership of equipment to plant and cultivate narrow row soybeans while growing wide row corn. Manufacturers are now making and promoting the sale of equipment to raise both corn and soybeans in narrow rows. As a result of the wide publicity concerning narrow row culture, many farmers are now trying to size up the economics of their new choice in machinery purchases. Indiana farms are rapidly increasing in size and often specialize in corn or corn and soybean production. Small changes in the cost of production or yield per acre on large specialized farms can make a significant contribution to net income. What Kind of Farmers are Justified in Switching? Some important factors in determining if a farmer can economically justify converting to narrow row culture for both corn and soybeans are: 1. What are the net returns from alternative yield boosting possibilities such as more fertilizer, better weed control, etc. 2. What are the ages of the principle pieces of equipment now owned? 3. What is the acreage of corn and soybeans to be grown? 4. How are extra costs and returns resulting from narrow rows shared between the renter and landlord? Equipment manufacturers are now making narroiv ro to farmers. Pictured here is a 6-row narrow planter. quip it available 1Narrow rows defined for this study are a spacing of 30 or 32 inches with nearly all observations at the 30 inch spacing. What are the Expected Yield Increases from Narrow Rows? Experimental data and farmer experience in the Corn belt would indicate a 10-15 percent increase in soybean yield as a result of switching to 20- to 30-inch row spacings. Experimental data and farmer experience on yield response of corn to narrow row culture is more limited than for soybeans. But, Purdue agronomists feel that an average increase of about 5 percent can be expected from 30-inch rows as compared to 40-inch rows if present hybrids and cultural practices are used and other factors are held constant. The Survey and Economic Analysis From data obtained from 55 Indiana farmers and several equipment dealers in December of 1965, partial budgets were computed to compare the costs incurred for narrow row compared to wide row production of corn and soybeans. The analysis estimates yield increases required to cover added costs resulting from a shift to narrow rows. Of the farmers reporting, three- fourths switched from their old 4- row-wide systems to the new 6-row- narrow. The next most popular switch was from 4-row-wide to 8-row-nar- row. Only the switch from 4-row-wide to 6-row-narrow is considered in this analysis. Working width is slightly different for the two systems: 160 inches compared to 180 inches for planters and cultivators and 80 inches versus 90 inches in corn combines or a 12.5 percent increase in width. The usual complement of narrow row equipment is the 6-row 30-inch planter and cultivator, and a 3-row 30-inch com- |
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