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“Russia is one of the biggest exporters of the three major groups of fertilizers (nitrogen, phosphorous and potassium)".
Posted: Thu May 19, 2022 6:50 am
by answerhappygod
- Russia Is One Of The Biggest Exporters Of The Three Major Groups Of Fertilizers Nitrogen Phosphorous And Potassium 1 (52.8 KiB) Viewed 44 times
“Russia is one of the biggest exporters of the three major groups of fertilizers (nitrogen, phosphorous and potassium)". Supply shortages could inflate fertilizer prices (Reiley, 2022). Todd Hultman, lead grain market analyst for the agricultural data service DTN forecasts that with new higher fertilizer prices, it will cost an additional $200 per acre for growing corn. In 2021, it was roughly $700 per acre to grow corn (Reiley, 2022). If an American farmer has 100 acres of land available for planting corn and wheat and cannot spend more than $2000 in preparation per acre and is limited to a total of 120 workdays, then we can use linear programming to compute how many acres of each crop to plant to maximize this farmer's profit. Coin Preparation cost per acre $900 Workdays required per acre 3 Profit per acre $180 Wheat $450 4 $100