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Nutrient BMP CHALLENGE

 

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          Find out how you can reduce nutrient and tillage costs - risk free!

Take the Nutrient BMP CHALLENGE®

 

Test Nutrient BMPs in Your Corn Fields - Risk Free

 

 

HOW MUCH CAN YOU SAVE?

 

Using a side-by-side approach, find out first hand how nutrient Best Management Practices (BMPs) can boost your bottom line.  See the example below.

 

 

The NUTRIENT BMP CHALLENGE® pays you cash if yield and income are reduced. You’ll save money, improve stewardship and sleep soundly.  This is a great on-farm research opportunity – you can’t lose!  Limit: up to 100 acres per field.

 

I was very surprised at how well the BMP fertilizer rate performed – and I saved money on my fertilizer bill. I’m looking forward to participating next year.
                                                                     - 2005 participant

Are You Eligible?


If you farm in CA, DE, IA, ID, IL, IN, MD, MI, MN, MO, NC, NE, NY, OH, PA, SD, VA, VT or WI and grow corn for grain, silage or sweet corn you are eligible.  Popcorn or corn planted for wildlife are not eligible. 

How Does the NUTRIENT BMP CHALLENGE® Work?


BMPs are designed to save you money using your field history and soil test results to cut fertilizer costs and maintain yield.  Joining the CHALLENGE is easy:

 

  1. Enroll one or more fields – before applying commercial fertilizer - by simply calling the BMP CHALLENGE at 608-232-1425 or email.

  2. You’ll apply your normal fertilizer rates to a check strip in each field you enroll. On the balance of the field, you’ll apply university-recommended BMP fertilizer rates for N, P and/or K with the help of your crop advisor and manage the entire field (check strip and balance) exactly the same way.  If you don’t have a crop advisor, we can find one for you.  If you are already applying fertilizer at BMP rates, we may be able to help you evaluate even lower rates using the side-by-side approach.

  3. At harvest, you and your crop advisor will assess yield and contact us if you find a loss.  Your payment will be based on yield loss minus fertilizer savings.

Your income is guaranteed!


You will earn at least as much as using your typical fertilizer rate, and in most years, you’ll be putting more dollars in your pocket.  If you do earn more by taking the CHALLENGE, we will discuss your income increase with you and ask that you contribute 33% of your fertilizer savings – up to a maximum of $6 per acre.  This contribution ensures that other farmers will be able to experience the CHALLENGE.

 

The CHALLENGE is backed by a commercial service agreement provided by Agflex, an Iowa corporation.  Agflex is not an insurance company and does not sell insurance. The CHALLENGE is not insurance and pays you only for losses due to nutrient insufficiency.

 

NUTRIENT BMP CHALLENGE® -  Example, Corn Grown for Grain

 

CHECK STRIP

NUTRIENT BMP RATE

Amount of N applied

180 lbs/acre x $0.48/lb. = $86.40/acre

150 lbs/acre x $0.48/lb. = $72.00/acre

Amount of P applied

75 lbs/acre x $0.30 = $22.50/acre

35 lbs/acre x $0.30 = $10.50/acre

Amount of K applied

0 lbs/acre x $0 = $0/acre

0 lbs/acre x $0. = $0/acre

Total fertilizer cost

$108.90/acre

$82.50/acre

$108.90- $82.50 = $26.40/acre fertilizer cost savings!

 

Situation 1: Yield loss w/ BMP

180 bu/acre x $4.75/bu = $855.00/acre

165 bu/acre x $4.75/bu = $783.75/acre

Net yield loss

$855.00 - $783.75 = $71.25/acre yield loss

Net economic return

$71.25 loss - $26.40 savings = $44.85/acre net loss

Bottom Line: $44.85/acre Performance Guaranty paid to grower by the BMP CHALLENGE

 

Situation 2: Yield gain w/ BMP

180 bu/acre x $4.75/bu = $855.00/acre

190 bu/acre x $4.75/bu = $902.50/acre

Net yield gain

$855.00 - $902.50 = $47.50/acre yield gain

Net economic return

$47.50 gain + $26.40 savings = $73.90/acre net gain

       Bottom Line: $73.90/acre gain - $6/acre farmer contribution to the BMP CHALLENGE = $67.90/acre net gain to grower

 
NUTRIENT BMP CHALLENGE® -  Example, Corn Grown for Silage

Situation 3: Yield loss     w/ Silage

25.01 ton/acre x $32.00/ton* = $800.32/acre

23.24 ton/acre x $32.00/ton* = $743.68/acre

Net yield loss

$800.32 - $743.68 = $56.64/acre yield loss

Net economic return

$56.64 loss + $26.40 savings = $45.44/acre net loss

             Bottom Line: $45.44/acre performance guaranty paid  to grower by the BMP CHALLENGE

TAKE THE CHALLENGE.  HOW MUCH CAN YOU SAVE?

BMP CHALLENGE partners: