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Economics of Fertilization

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  • Robbins, Paul R.

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.

Suggested Citation

  • Robbins, Paul R., 1961. "Economics of Fertilization," Miscellaneous Staff Contribution 240690, Purdue University, Department of Agricultural Economics.
    • Handle: RePEc:ags:inpusc:240690
    DOI: 10.22004/ag.econ.240690
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    Keywords

    Crop Production/Industries;

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