“This is particularly true in the Coastal Plains where the soils don’t hold their nutrients as well,” Dunphy said. “To achieve 100 bushel yields, I need about 135 pounds of potash.”

As for minor nutrients, such as zinc, boron and manganese, Dunphy said soil test recommendations are probably the best guide. “You’ll probably need a little more than the soil test is actually recommending to achieve maximum yields,” Dunphy said.

Through it all, Dunphy said farmers must continually ask the question, “How do I make more money?”

“Only three things are going to contribute to profit,” he said. “The yield, the price of soybeans and the cost of production.  Yields by far are the most important key to making more money.”

As an individual, a farmer can’t do much about prices, Dunphy said.

“He can influence when he sells them and at what price he sells them, In a typical marketing year, the price of soybeans will vary by at least $2 per bushel, and maybe $3. He can take advantage of that $2 to $3 gain, but he can’t determine if prices range from $13 to $16 or $9 to $12,” he said.

As for lowering production costs, Dunphy said that is easier said than done.

“In practice, a farmer can’t do a lot more about lowering costs. He’s already gotten rid of all the unnecessary costs and has kept all the costs that will make him money. All the costs he has left are costs he needs,” he said.

“You can’t do much about price and you can’t do much about costs, but you can influence yields,” he said.

Dunphy believes North Carolina will reach the 100 bushel mark, and if farmers focus on achieving top yields, they can get close to the goal. “We’ll get there. Somebody will do it. We’ve probably already been there, but somebody just hasn’t documented it,” Dunphy said.

In the meantime, Charles Hall, chief executive officer of the North Carolina Soybean Producers Association, said there is a lot of farmer interest in the 100 bushel soybean contest this year. “It’s a good way for growers to find out what can be achieved,” Hall said.

Like Dunphy, Hall is optimistic North Carolina will soon hit the 100 bushel per acre mark. And like Dunphy, he believes some farmers in the state may have already unofficially made 100 bushels per acre.

“We know it’s coming. They’ve done it in Georgia and they’ve done it in the Delta. Anecdotally, someone probably already has measured 100 bushels per acre on their yield monitor, they just haven’t reported it.”