Why would we boost production if prices Go up?

[SASKFARMER3]

Simple question. All the Fert experts say farmers will spend to grow a huge crop to take advantage of higher prices. I say Why.
Use half fert next year because it sure didn't return anything using 120Lbs actual anhydrous and 100lb blend this year so why not cut it back.
50% let the price go to where ever. Also all unseeded is SMF so who cares.
Even if you grow a 30 bus hrs or 20 canola and don't spend to grow the crop more than the basics your 100 plus less in costs works out to the same with price increase as if you grew 50.
30 x 7 = 210
50 x 4 = 200
Maybe its time for farmers to just say sorry boys were taking our ball and going home and if you want to grow the crop go ahead were happy with being a average Joe.
Not a fun day harvesting yesterday so asking lots of questions and most neighbors are thinking the same except the Esso Dealer he is giver till your done.

[Burbert]

Cuz thats farmin. It will happen, just like the sun cummin up. All farm inputs will jump, comedian farmers will scramble. Geter in the ground, huge acres, price will fall like stones in a pond. Yup its a sure thing and its all the fault of the CWB greedy bas---ds they are!

[ajl]

It is important to remember that the higher prices are due to Russia being out of the game. What will happen is higher input prices and cheap grain as they recover.

[charliep]

Higher prices are also the result of higher consumption/demand in the case of soybeans and corn. Close to record crops in the US and high prices.

I suspect $5/bu plus corn will be the driver of higher nitrogen. It takes significant N to grow a 160 plus bu/acre corn crop.

[furrowtickler]

It takes the same N at $3, as it does $5 for 160 bus. Acreage should not change a whole lot if soyabeans stay high as well. It is just b/s from the fert guys. Russia, Brazil and china fert demands will be lower, as for western Canada there must be and has to be a large carry over from spring still in the system.

[ajl]

That whole notion that the US will increase fert use due to $5 corn is a red herring because there is only one rate that the US farmers have used the last 5 yrs: Maximum. The places in the world where fertilizer use changes due to price weather etc. are the marginal production areas including: western Canada, high plains, and Russian steppes.

[checking]

I'm believing that the U.S. maximum fertilizer use for corn can't stay steady with the stacked traits being presented to farmers offering higher yields. Indeed, it can't even be projected that fertilizer use will stay linear with increasing yields. Just look at the recent article on a stacked trait to control corn rootworm larva. 14% yield increase, but a 17% to 27% increase by the corn plant in uptake of nutrients.

At some point, I'm hoping that the notion that the more a farmer produces the less becomes his unit cost of production starts to be a wide spread head scratch question.

[Hopperbin]

Isn't it the corn acreage that consumes the N, the amount of acres that go into the ground increase the amount of N needed, the price may just increase the acres on the N per acre. Corn would have to drop a lot to start to ration N.

[SASKFARMER3]

Well it just amazes me that they think most farmers want to capitalize on higher prices by increasing the amount of fert they use. Hm we have a standard rate and adjust do to the soil tests. But the 2011 year will probably see a decrease do to the amount of land left unseeded and very low yields taken off this year. Those with huge yields should soil test some to see how much has been used. If your yield is huge allot will be depleted if its your first huge yield in years maybe not as bad as you think. Take a few soil tests.

[ado089]

Soil testign will be the best money spent this year. Get deep and so a double depth to find out if it's there but deep or completely gone.