I use a lot of it on my farm, but I do not collect it. We have a plant here that makes gelatin from it and their byproduct is what I get. They used to dump it in a landfill until my cousin who works there suggested they give it to farmers. It used to be free but now they charge $1.90 a ton for the cost of trucking it. It sucks, but it still is in high demand and only in the dead of winter can you get it, or be put on a 6 month waiting list.
The stuff I get is a type of kelp, but it is imported from another ocean and NOT the Atlantic. And surprisingly the main reason to use it on the fields is not because of its fertilizing and composting properties, but it being a cheap lime substitute to get the PH levels up. Generally to the East of the Mississippi River the soil is low in PH and on the other side it is high in PH, so I might be wary of just applying it willy-nilly because here we swear by it, but also have 5.2 PH soil!
The great thing about it...while it primarily is used for lime purposes, is that it does have trace minerals that are hard to get elsewhere...kind of a freebee.
The downside is that it is kind of weak as far as lime and fertilizer...it literally takes TONS of it. In fact it takes 10 tons to equate to 1 ton of lime. This has serious limitations. Because of the volume, it would smoother grass ground if spread at the proper ratio to bring the soil up in PH levels and fertilizer levels in one shot. So using the stuff is a long term strategy on grass ground: a little every year. Obviously on tilled ground that is not an issue, and is what i do when crop rotating; pound the algeafiber (seaweed) to the ground and till it in. It also means spending some serious money on fuel since you have to move 90% more of it which can add up in diesel fuel costs. It also smells kind of bad when you first break into it; like rotted fish. No worse then manure for sure, but in Maine I am protected by the Right to Farm Act so smell is a non-issue. For states without the right to farm act, it might be a problem.
As long as the availability is good, I will continue to use it. Mostly it means taking loads of it in January when other farmers do not want it. That means bulldozing roads through the snow so trucks can pile it up, which is an additional cost, but such is life farming. Ultimately, I like the trace minerals, and cost for cost, it is about the same as mill lime. Mill lime is $22.50 per ton, BUT it takes .85 tons of mill lime to equate to 10 tons of algeafiber (seaweed) and mill lime has no trace minerals. Some fertilizing qualities (p) but not a whole lot. It really is a toss up money wise...
While no one mentioned this; I also use fish guts taken from a
local fish processing plant. That is really good fertilizer and has no smell because they inject the fish guts directly into the soil and is immediately covered up. I alike it to the Indian side of my ancestry where they planted a seed of corn with a "fish". I put fish in quotes because it was likely lobster, something they could just pick up from low
water at low tide. I think it is injected partly because of the smell, but also to keep animals from being attracted, and also from the loss of nitrogen. I like it though as a sea derived fertilizer.