By Fred Nichols
Chief Marketing Officer,
Bio Huma Netics®, Inc.
If the TV show MythBusters ever did a program on farming, there are several common myths about farmers they could bust. [Read more…]
Harnessing Nature's Science™
By Fred Nichols
Chief Marketing Officer,
Bio Huma Netics®, Inc.
If the TV show MythBusters ever did a program on farming, there are several common myths about farmers they could bust. [Read more…]
By Fred Nichols
Chief Marketing Officer,
Bio Huma Netics, Inc.
Wednesday was Tax Day. For farmers, it was. Unlike the rest of us, farmers (and fishermen) file taxes on March 1. Due to the complexities of farming, including depreciation schedules for machinery, most farmers hire a professional tax preparer to help file their Schedule F. These are often independent accountants. And most are long-standing, often multi-generational relationships. Some local Farm Credit and Farm Bureau offices also offer the service. The business of farming is rife with fluidity. Even though they are harvested in the summer or fall, many grain crops are stored and sold throughout the year, as are livestock, so income can be generated any time of the year. There are several options farmers can use to “adjust” their income with expenses. They can elect to prepay fertilizer or other crop inputs in December or purchase equipment. So, farmers frequently consult with their tax person throughout the year for advice on managing income and expenses and how this can impact taxes. [Read more…]
By Fred Nichols
Chief Marketing Officer,
Bio Huma Netics, Inc.
Are we looking at a fertilizer shortage? Guess it depends on your definition. The availability of fertilizer isn’t a major concern in the US. It really wasn’t last year, either. As a good friend (who I consider to be among the best farmers in the country) told me last winter, “you can get it, it’s just a matter of how much you’re willing to spend for it.” That’s the issue many farmers are facing right now. How much do I invest? And do I seek alternatives to traditional NPK sources? Many of these alternatives, such as humate-based products, offer high value, improved soil health and lower overall rates/expenditures. Fertilizer prices remain historically high, but there’s not the degree of market volatility expected as there was last year. As a result, Q4 sales have moved slower than last year. But while input prices remain high, so do crop prices. That is incentivizing many farmers to chase yield. A recent survey confirms just that. Demand is strong for all fertilizer categories. 60% of farmers expect to increase micronutrient usage in 2023, 59% will increase liquid fertilizer, 51% will increase specialty fertilizers and 48% will increase yield enhancers/growth managers. Last week’s World Agricultural Supply and Demand Estimates (WASDE) report, which was bullish on the major commodity crops, should continue to carry momentum for yield chasers. [Read more…]
By Fred Nichols
Chief Marketing Officer,
Bio Huma Netics, Inc.
Curly fries, waffle fries, spicy fries or… regen fries? Soon, these may all be choices in the frozen foods aisle, at least if McCain Foods has a say in it. And as the world leader in prepared potato products, purchasing 6.8 million tons of spuds annually, McCain carries a strong voice. Their commitment to sustainability includes a pledge to have regen ag practices used on all their potato acres by 2030. The company has entered the Metaverse and designed this virtual game where players grow their own potatoes and learn about regen practices. Thus far, a staggering 2.8 billion visitors—that’s about one-third of the world’s population—have experienced “Farms of the Future.” All-natural, humic-based crop nutrients may soon become a key ingredient in the recipe for regen fries. [Read more…]
Join us in celebrating the world’s farmers. They have set themselves the almost impossible task of feeding more and more people while using less land and fewer resources.
In the next 30 years, the world’s population will increase by almost 50%. Add to that the fact that in the last 40 years, the world has lost a third of its arable land due to erosion or pollution, and additional millions of acres of farmland are being lost each year to industrialization and urbanization. Already, an estimated 25,000 people are dying from hunger each day. With little possibility of further expansion of agricultural land, there is pressure to produce more food on the existing arable land by using soil treatment products and fertilizers.
Fertilizer producers continue to stand ready to help farmers be more effective and efficient in food production. Agricultural fertilizers currently account for 50% of global food production. As fertilizers and farming practices improve, the goal of producing more with less is already being realized. Farmers today grow a bushel of corn using 45% less nitrogen and 59% less phosphate than they did in 1980. Yet, yields continue to improve. Between 1948 and 2015, the average U.S. soybean yield doubled from about 21 to 48 bushels per acre, while the average corn yield grew much more, from 43 to 168 bushels per acre.
Bio Huma Netics—through its fertilizer brands of Huma Gro® and Fertilgold® Organics, along with its natural humates from Mesa Verde Humates®—is committed to standing shoulder to shoulder with farmers as they strive to feed the world’s population by growing more with less.
Read more about Global Fertilizer Day at https://www.tfi.org/GlobalFertilizerDay#get-involved.
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