Register for Economics of Soil Health Study PresentationMon, 20 Sep 2021 14:01:25 CDT
Thursday, September 30, Wayne Honeycutt, CEO & President of the Soil Health Institute (SHI) will present the Economics of Soil Health on 100 Farms. In this study, farmers, who have successfully implemented soil health systems, reported the economic and productivity benefits they achieved
through improving soil health.
The nine states in the study collectively represent approximately 71% of corn and 67% of soybean produced in the United States, demonstrating that soil health systems can successfully be implemented across a range of climates, soil types, and growing conditions.
All attendees will be sent a fact sheet that summarizes the results. Registration is free and required to attend. Register here.
Highlights of this ground-breaking study include:
- A total of 100 farmers were interviewed representing 194,003 acres of cropland across Illinois, Indiana, Iowa, Michigan, Minnesota, Nebraska, Ohio, South Dakota, and Tennessee.
- These farmers were using no-till on 85% of their cropland and cover crops on 53% of their cropland, well above the national average of 37% for no-till and 5% for cover crops. Those farmers using no-till had been doing so for an average of 19 years, and those who grew cover crops had been doing so for an average of nine years.
- Sixty-seven percent of the farmers interviewed reported increased yield from using a soil health management system. Two percent reported decreased corn yield.
- It cost an average of $24.00/acre less to grow corn and $16.57/acre less to grow soybean using a soil health management system.
- Soil health management systems increased net income for 85% of farmers growing corn and 88% growing soybean.
- Based on standardized prices, the soil health management system increased net income for these 100 farmers by an average of $51.60/acre for corn and $44.89/acre for soybean.
- Farmers also reported additional benefits of their soil health management system, such as increased resilience to extreme weather and increased access to their fields.
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