NCGA News













NCGA Leaders Troubled by Rising Fuel, Fertilizer Prices (4-15-04)

The price of corn is up – but so is the cost of production. As corn growers head into the fields for the spring planting season, higher fuel and fertilizer prices threaten to significantly increase operating expenses for the second year in a row, according to Dee Vaughan, president of the National Corn Growers Association (NCGA).

The U.S. Department of Agriculture (USDA) estimates farmers and ranchers will spend at least $8.4 billion on fuels and oils this year, about the same as last year and a 29 percent increase over 2002 expenses. And spending on fertilizer and pesticides is expected to increase $500 million over last year’s levels, according to USDA forecasts.

The nationwide average for bulk diesel, the predominant fuel used in production agriculture, is up 14 cents per gallon compared to the same time last year and natural gas prices are nearly double what they were in 2002, according to U.S. Department of Energy statistics. Experts say fuel prices are likely to creep even higher as demand increases and OPEC-determined crude oil prices continue to rise.

Vaughan said higher prices for corn and other commodities will help farmers absorb some of these rising energy costs, but increased production costs put growers in a precarious position.

“We are fortunate this year that crop prices are higher,” said Vaughan, who farms near Dumas, Texas. “Better crop prices will buffer the higher production costs, but there are still problems. When energy prices increase, it affects our costs for irrigation, grain drying, grain hauling, fuel for machinery and vehicles, fertilizer and other inputs.

“Higher production costs translate into higher risk, and if a producer loses a crop to weather in July or early August when most of the production expense has already been accrued, the outcome could be devastating.”

Last year’s high input expenses, coupled with hail damage and persisting drought, caused many younger producers in Vaughan’s area to get out of the farming business.

“Last year we were in a very tight situation because natural gas for irrigation was at record levels and diesel, gasoline, lubricants, fertilizer and other inputs were at near-record levels,” Vaughan said. “In this area last year, we knew that anything short of a good crop would mean significant losses. Several farmers between the ages of 30 and 45 quit simply because they didn’t see any reason to be optimistic in the short- or long-term.”

Growers in the central Corn Belt, where the price of diesel fuel has risen 13.5 cents per gallon since last April, are facing similar challenges. Martin Barbre, president of the Illinois Corn Growers Association, said nearly every facet of his operation near Carmi, Ill., involves the use of petroleum-based products.

“Just about everything we do requires some type of fuel, lubricant, oil or petro-chemical,” he said. “A lot of these things aren’t high-dollar items, but when you add it all together, it takes a big chunk out of your bottom line. You also have to think about the added expense of higher gasoline prices for our vehicles. We do a lot of running around, so that affects us too.”

Barbre said many producers in his area are feeling the sting of higher fertilizer prices as well. Anhydrous ammonia fertilizer is produced using natural gas, the price of which has increased more than 50 percent since 2002.

“Not using fertilizer is just not an option,” he said. “You have to use fertilizer, so you don’t have a choice about paying the extra money for it.”

Vaughan said some innovative growers are trying new production techniques to stretch their dollar a bit further. Some row-crop farmers are now using minimal, no-till or strip-till practices to avoid the expense of turning over entire fields each year.

“Farmers naturally strive to be very efficient, and difficult times increase the requirement to be even more frugal,” Vaughan said. “Growers have pushed the envelope on fertilizer efficiency to new levels. And strip-till is quickly becoming the standard in this area because it saves water, reduces diesel use, and lowers labor and machinery costs.”

Less dependency on foreign energy sources would help to curb the escalating U.S. energy crisis, Vaughan said. Corn growers should urge their elected officials to enact sound energy legislation that addresses the need for reliable domestic energy stocks, he said.

“The United States needs a comprehensive energy plan that develops all of our energy resources – coal, natural gas, oil, renewables and nuclear,” Vaughan said. “We have the ability to secure our energy future – it just takes action.

“Will we be able to stop importing oil in the foreseeable future? No. But we can move toward that goal in a decisive way by developing our own resources in a responsible manner. By developing all of our resources wisely, we can have affordable energy not only for agriculture, but for the United States as a whole.”

Barbre agreed, stating, “We’ve got to have a comprehensive energy policy – that’s the most important thing for us right now. There are a lot of energy infrastructure problems in the United States that desperately need to be taken care of.”

 

 

Last reviewed April 15, 2004



ST. LOUIS OFFICE


WASHINGTON D.C. OFFICE

632 Cepi Drive
Chesterfield, MO 63005
Phone: (636) 733-9004
FAX: (636) 733-9005
122 C Street, N.W., Suite 510
Washington, DC 20001
Phone: (202) 628-7001
FAX: (202) 628-1933