INDIANAPOLIS, Ind. - Holding down soybean production costs has never been more important than it is this year, with market prices stuck around the $6 mark, and with costs rising again for inputs like seed, fertilizer and chemicals. Last years farmers’ costs to put soybeans in the ground increased $4 per acre, and they are forecast to rise again slightly this year, according to Chase Econometrics. Fortunately, there are ways to cut the biggest component of this variable cost-chemicals-which is forecast to average $17.63 per acre in 1965, or 29 percent of the total variable cost per acre for soybeans. This is the year to re-think crop chemical programs to take ad vantage of the new cost relationships. Here are some steps for cutting soybean production costs; 1. Calibrate your sprayer. This simple step could save farmers over a billion dollars this year, according to a study conducted by the University of Nebraska. The study showed that most farmers are missing their intended rate by more than 10 percent, resulting in Calibrating your sprayer 1) Measure 204 feet in your field (This distance is for a 20-inch nozzle spacing. For other spacings, see note below.) 2) Drive your tractor 204 feet at spraying speed and time it with a stopwatch. (Example: Let’s say it takes 30 seconds to cover 204 feet.) 3) Park the tractor, set your sprayer at application pressure and spray water through it. Catch all the water coming from one nozzle for the amount of time it took to go 204 feet. (30 seconds in the example) 4) The ounces caught per nozzle equal the gallons applied per acre. (Example: If you catch 18 ounces in 30 seconds, you are spraying 18 gallons per acre.) 5) Mix the chemical needed per acre with the gallons of water per acre indicated. (Example: To apply two pints of Sonalan per acre, put in two pints of Sonalan for each 18 gallons of spray.) NOTE: If nozzle spacing is not 20 inches, use the method below to figure the distance to substitute for 204 feet: 340 nozzle spacing (in feet) = distance to substitute for 204 feet during calibration. NATIONAL BOYERTOWN CROP TO HELP YOU GROW ILOO%* FIXED RATE INTEREST Interest Rate is fixed for the full term of the loan. You need not be a customer to apply. Loans must be paid off by February 1, 1986. National Boyertown marketing area only. For full details call C.L. Gehris, Vice President, AG Department. _ (21 5) 369-7346 Q NATIONAL BANK OF BOYERTOWN ’Available to National Bank of Boyertown .customers. Slightly higher for noncustomers Shaving costs critical in soybean production poor weed control, crop damage and/or wasted chemicals. Calibrating a sprayer is a simple task, though it does require a pencil and paper and a trial run with the sprayer tilled with water. Instructions cm how to do it are available from most chemical dealers. Besides calibrating, a farmer should make sure his sprayer is operating at a low pressure of 20 to 40 pounds per square inch for soil applied chemicals. To increase the gallonage flowing through the sprayer, larger nozzle tips should be used rather than increasing the pressure. To double the flow, the pressure must be increased by four times, making this an ineffective way to increase gallonage. This also reduces the effectiveness of the application by producing a misting spray pattern. The best nozzle size is the largest one that will provide the desired volume. Nozzles should be clean, as should all screens, strainers and tanks. Check the accuracy of the pressure gauge, since this was (me of the more important causes of inaccurate application in the Annual Percentage Rate Member FDIC University of Nebraska study. 2. Figure chemical costs per acre, not per gallon. The cost per gallon can be misleading, since for some chemicals only small quantites are needed on each acre. To figure cost per acre, simply divide the cost per gallon by the number of acres it covers. 3. Don’t buy more weed control than yon need. Match the her bicides used to the weeds that really need to be controlled. To do this, make a list of the weeds typically found in each field and compare that against the control offered hy available herbicides. The lowest-cost product which controls the weeds will be your best buy, and buying any ad ditional weed spectrum will be unnecessary expense. One good broad-spectrum foundation herbicide may come so close to the desired weed spectrum that cultivation may be substituted for an additional chemical in combination. If a tank mix is needed, starting with a dependable preplant herbicide which controls both grasses and some broadleaf weeds can minimize the cost of an additional product. While checking the labels, make sure the rates used are proper for the soil type. Using an excessive rate was once considered cheap insurance; now it is more costly. The secret of success in her bicide use is accuracy, not scrimping. Poor weed control can easily lose 3 bushels per acre or abour $lB, which is enough to pay for the most effective, long-lasting preplant herbicide tank mix on the market. 4. Watch cash flow. Costs can nmi low if cash flowing in meets the need for cash flowing out. Forecasting the need for cash is useful, and can assist in planning sales of grain or livestock, or other cash-generating activities. Sometimes purchases can be made early if cash is available, resulting in price discounts. When these (Turn to Page 015) A / Contact Hammonton, New Jersey Office i W CfvWrl/ / PHONE - 609*567-3910 Serving Your Total Ag Irrigation Needs QUALITY IRRIGATION SINCE 1953 Soybean production: The costs keep rising ($) 8 $6.05 $5.65 1982 1983 1981 Total variable cost per acre: 1982 1981 Source Chase Econometrics and Banco Market Research & SON CO. (Cost per acre) $7.75 $6.00 $6.00 1984 1985 1983 1984 Soybean Prices per Bushel $60.37 Miscellaneous Repairs Fertilizer and Soil Treatment Seed Fuel & Lubrication Chemicals 1985 >