Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

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Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Transcript of Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Page 1: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Economics of Precision Ag

Tim Norris –

Ag Info Tech, LLC.

Page 2: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

How much nitrogen should we put down at side dress?

• I typically put 20 gals 28% as a carrier for the herbicide. 60 units of N.– Not stabilized and it is spread on top of the

ground.

• Starter – I am not using any.• Map is variable rate spread with rates from

Zero to 400 lbs. 0 to 44 lbs. of N• Organic Matter is 1.2% to 3.5%. Organic N

is 24 – 70 lbs.• Total N before side dress is 84 to 174 lbs.

to the acre.

Page 3: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

How much nitrogen should we put down at side dress?

• How much denitrification has occurred?• Is there more organic N there than we

think?• So what is the correct rate?• What would 10 extra gals of 28% cost me?

• $340 @ ton, it would be $18.14 acre.• How much yield would I lose if I were 10

gals short?• Do you want to rely on a crap shoot?

Page 4: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

2011 Test Parameters

• 28% Nitrogen @ $340 ton• Corn @ $6.00 bu.• Applied in a band with Ag Leader OptRx

and DirectCommand on a Case Sprayer• Applications were performed in the V6-V8

growth stages• 25 Gal 28% down at planting

Page 5: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.
Page 6: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Hardscrabble Farms Delaware, Ohio

• Schnipke Farm Test A

– Straight Rate 34.45 Gal. = 203.10 bu./acre– OptRx 25.93 Ave Rate = 213.42 bu./acre

– Saved 8.52 gals. 28% for a savings of $15.42– Yielded 10.32 bu. more, an increase of $61.92

– Total Return Per Acre $77.34

Page 7: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Yield Map Red Low Green HighOptRx

Used HereStraight Rate 35

GPA Here

Page 8: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Hardscrabble Farms Delaware, Ohio

• Home Farm Test A

– Straight Rate 24.99 Gal. = 177.24 bu./acre– OptRx 27.29 Ave Rate = 193.49 bu./acre

– Saved -2.3gals. 28% for a savings of -$4.16– Yielded 16.2 bu. more for an increase of $97.20

– Total Return Per Acre $93.04

Page 9: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Hardscrabble Farms Delaware, Ohio

• Schnipke Farm Test B

– Straight Rate 25.04 Gal. = 223.07 bu./acre– Straight Rate 29.81 Gal. = 230.02 bu./acre– Straight Rate 34.38 Gal. = 233.46 bu./acre– OptRx 23.59 Ave Rate = 234.61 bu./acre

Page 10: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Hardscrabble Farms Delaware, Ohio

• Schnipke Farm Test B

– 28% Savings compared to OptRx 23.59 gal. average rate

Rate Gal Over OptRx $ OptRx Adv.– 25.04 gal. 1.45 gal. $2.62– 29.81 gal. 6.22 gal. $11.25– 34.38 gal. 10.79 gal. $19.52

Page 11: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Hardscrabble Farms Delaware, Ohio

• Schnipke Farm Test B

– Yield Advantage of OptRx 234.61 Bu. compared to straight rates

Rate Yield dif. $ OptRx Adv.– 25.04 gal. 11.54 bu. $69.24– 29.81 gal. 4.59 bu. $27.54– 34.38 gal. 1.15 bu. $ 6.90

Page 12: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Hardscrabble Farms Delaware, Ohio

• Schnipke Farm Test B

– Total OptRx Advantage

Rate $ OptRx Adv.– 25.04 gal. $71.86– 29.81 gal. $38.79– 34.38 gal. $26.42

Page 13: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Hardscrabble Farms Delaware, Ohio

• Home Farm Test B

– Straight Rate 25.99 Gal. = 224.45 bu./acre– Straight Rate 29.66 Gal. = 223.44 bu./acre– OptRx 30.49 Ave Rate = 237.84 bu./acre

Page 14: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Hardscrabble Farms Delaware, Ohio

• Home Farm Test B

– 28% Savings compared to OptRx 30.49 gal. average rate

Rate Gal Over OptRx $ OptRx Adv.– 25.05 gal. -5.44 gal. -$9.84– 29.66 gal. -.83 gal. -$1.50

Page 15: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Hardscrabble Farms Delaware, Ohio

• Home Farm Test B

– Yield Advantage of OptRx 237.84 Bu. compared to straight rates

Rate Yield dif. $ OptRx Adv.– 25.05 gal. 13.39 bu. $80.34– 29.66 gal. 14.40 bu. $86.40

Page 16: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Hardscrabble Farms Delaware, Ohio

• Schnipke Farm Test B

– Total OptRx Advantage

Rate $ OptRx Adv.– 25.05 gal. $70.51– 29.66 gal. $84.90

Page 17: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Hardscrabble Farms Delaware, Ohio

• Average OptRx Advantage for 2011• $66.12 per acre.

Page 18: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

With a $21,500 Investment What Is My ROI?

• 500 acres of corn at $49.62 per acre = $24,810 annually payback in 1 year.

• 500 acres of corn at a $20 per acre = $10,000 annually payback in 2.5 years.

• If you already have a display and GPS you have half the cost.

Page 19: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

High Clearance Application Alternatives

• High clearance coulter injector.• Dribble with high clearance sprayer.• Spread stabilized urea or other source on

dry N with high clearance spreader.

Page 20: Economics of Precision Ag Tim Norris – Ag Info Tech, LLC.

Take home message

• The technology is here.• It has been proven to be an active

prediction of plant stress.• That prediction when compared to a N rich

strip will provide a fairly accurate prediction of what the crops nitrogen needs are.

• Responses we have seen show that the sensors will pay for themselves quickly.

• The two years I showed were wet springs.