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Market Forces at Play in Producing the 2012 Crop

Market Forces at Play in Producing the 2012 Crop. Alan Miller Craig Dobbins Bruce Erickson . Purdue University is an Equal Opportunity/Equal Access institution. Major Inputs for Crops. Fertilizers Seeds Pesticides Fuel (machinery operation, crop drying) Machinery Labor.

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Market Forces at Play in Producing the 2012 Crop

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  1. Market Forces at Play in Producing the 2012 Crop Alan Miller Craig Dobbins Bruce Erickson Purdue University is an Equal Opportunity/Equal Access institution.

  2. Major Inputs for Crops • Fertilizers • Seeds • Pesticides • Fuel (machinery operation, crop drying) • Machinery • Labor

  3. From Roller Coaster to Merry Go Round, Inputs Costs Rising

  4. Fertilizer Use By Region, 2010 Fertecon

  5. Potash Corp

  6. Nitrogen Fertilizer Plant in Trinidad Courtesy PCS Sales

  7. Phosphorus Mining in Florida http://www.nytimes.com/2007/08/04/us/04phosphates.html and http://upload.wikimedia.org/wikipedia/commons/e/ef/Togo_phosphates_mining.jpg

  8. Mining Potassium Deposits in Canada

  9. Nitrogen/Corn Price Ratios from Purdue Budgets

  10. What is New in Seeds/Genetics New genetics/traits drive pricing Refuge in a bag Technology fees are dominating factor Tough conditions for seed production in some areas

  11. Indiana Seed Price Trends 24

  12. Corn Seed Cost/Gross Revenuefrom Purdue Budgets

  13. Soybean Seed Cost/Gross Revenuefrom Purdue Budgets

  14. Price Trends of Individual Pesticides (price per gal unless noted) NASS Agricultural Prices, http://usda.mannlib.cornell.edu/usda/nass/AgriPric//2010s/2011/AgriPric-04-29-2011.pdff

  15. Sprayer Nozzle and Boom Control

  16. Planter Clutches http://www.trucount.com/Photo-Gallery.aspx

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