“We could probably save 20 to 30 percent on our dry fertilizer” through the Sagamore facility, he said — a significant sum, considering the vast majority of the fertilizer he uses is dry.
Investors on Tuesday said while they’d originally planned to build space only for the dry fertilizer at first and add tanks for liquid fertilizer later, they’re now planning to install a holding tank for liquid fertilizer at the same time the storage facility is built.
Phase one of the project is expected to cost $2.5 to $3 million, above what was originally announced because of the liquid fertilizer tank addition. A second phase is expected to expand the facility’s storage for both dry and liquid fertilizer.
Jason Wykoff, a New Carlisle farmer who buys fertilizer mainly from retail sources, said he hoped participating in the wholesale effort would change the logistics of applying potash to crops at his family’s farm.
The Wykoff Brothers farm is in the process of mixing its own fertilizer, he said, and is looking at having no fertilizer storage on the farm — instead, the brothers would drive to Logansport to pick up the fertilizer as needed.
Development on the Hoosier Heartland highway — where Sagamore is to be located between the highway and a short railroad spur — is likely to smooth out the trip, he added.
Sarah Einselen is news editor at the Pharos-Tribune. She can be reached at email@example.com or 574-732-5151. Follow her on Twitter@PharosSME.