We use farmer-submitted data in two ways.
The first is to create independent product evaluations based on real-world performance data across millions of acres. We help farmers turn their chemical application data into insights about product selection, and provide opportunities for substantial savings.
For example, we conducted a national analysis of crop-acres sprayed with glyphosate and found little yield difference between the acres sprayed with 4-pound versus 6-pound glyphosate (less than 2 bu/A variance for both corn and soybeans).
The second way FBNSM uses data is to create Price Transparency on hundreds of crop protection products. Farmers submit data about pricing in their local areas. An analysis of glyphosate prices submitted by our members found that, in one region, growers who lived just 45 miles apart paid a 44% price difference for the same product in 2015. We compare these prices to our standard, nationwide delivered price - which is always the same for all FBN members, regardless of where they farm - to calculate estimated savings through FBN. All members can view our nationally-delivered price anytime right in their accounts, at www.farmersbusinessnetwork.com/procurement-find-prices.