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October 31, 2001  

Economics of Soybean Fertilization

George Rehm, Extension Soil Scientist

 

Fertilizer use is a key management practice for growers who seek to get maximum profit from their soybean acres. While major attention is devoted to fertilizer use for the corn, the soybean crop is frequently overlooked. The information in the following table shows that phosphate fertilization, for example, can be profitable if soil test values for phosphorus are in the low or very low category.

Return on dollars invested in P fertilization of soybeans in Minnesota

P2O5 Applied Yield Yield Increase Gross* Return Net** Return $Return ÷ $Invested
lb/acre bu/acre bu/acre $/acre $/acre $
0 44.0 --- --- --- ---
23 46.7 2.7 10.80 5.05 1.88
46 54.2 10.2 40.80 29.30 3.55
69 55.7 11.7 46.80 29.55 2.71
92 55.9 11.9 47.60 24.60 2.07

*assumes a value of $4.00/bu
**assumes a price of $0.25/lb P2O5

The results from this study show that the rate of phosphate that produces the highest yield is not necessarily the same as the rate that produces optimum return for dollar invested in phosphate fertilizer. Nevertheless, phosphate fertilization is profitable if the soil test for phosphorus is low as it was in this situation.

The University of Minnesota recommendations for phosphate use for soybeans have been revised from those used in the past. These recommendations are summarized in the following table.

Phosphorus fertilizer for soybean production in Minnesota

Expected Yield Phosphorus (P) Soil Tests, PPM
Bray 0-5 6-10 11-15 16-20 21+
Olsen 0-3 4-7 8-11 12-15 16+
bu/acre - - - - - - - P2O5 to apply (lb/acre) - - - - - - -
Less than 30   50 30 0 0 0
30-39   60 40 0 0 0
40-49   70 50 0 0 0
50-59   80 60 0 0 0
60+   90 70 0 0 0

The information in this table shows that it's important to know the soil test value for phosphorus. Research has shown that response to phosphate fertilization should not be expected if the soil test for P is higher than 10 ppm (measured by the Bray procedure) or 7 ppm (measured by the Olsen procedure).

As with phosphate use, the soybean crop will also respond to the application of potash.A grower should not expect a response to potash fertilization if the soil test for potassium is higher than 120 ppm.Potash fertilizer suggestions are listed in the following table.

Potash fertilizer suggestions for soybean production in Minnesota

  Potassium (K) Soil Test, PPM
Expected Yield 0-40 41-80 81-120 121-160 161+
bu/acre - - - - - - - K2O to apply (lb/acre) - - - - - - -
Less than 30 55 30 15 0 0
30-39 65 40 20 0 0
40-49 80 50 20 0 0
50-59 100 60 30 0 0
60+ 110 70 30 0 0

Placement of phosphate and potash fertilizers is an important consideration for soybean production. Several studies in the northern and western Corn Belt have shown broadcast applications being superior to banded use.

Plans for fertilizing the soybean crops should focus on a spring application. With this timing, fertilizer is applied near the time of use or uptake. There is less time for contact between the fertilizer and the soil producing more efficient use of the applied fertilizer.

Fertilizer management for the soybean crop should not be complicated. With the focus on appropriate use of phosphate and potash fertilizer, developing a fertilizer program for soybean production is easy and can be very profitable.

 

 
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Last modified on July 28, 2004