But having 1/4 of the land under soy beans or other locally appropriate nitrogen-fixing plants doesn't seem like it would hurt yields too much.
You still need to hack up the eg cereal plants so they can actually engage in that symbiotic relationship (or perhaps actually directly fix nitrogen all by themselves, without any outside help at all).
Even if you made a plant that fixes nitrogen extremely efficiently, every joule of sunlight it pumps into the ground is not available as calories you harvest. And fixing nitrogen will take an amount of energy per acre on the order of what you harvested from that acre in a year.
Btw, I don't think plants are close to optimal efficiency in terms of using sunlight. See eg C3 vs C4 plants.
My point is that you can't have corn that is as nitrogen-fixing as a legume and still produce nearly as much corn - the plant (or its microbes) will need the majority of the available photosynthesis products to fix nitrogen. This directly makes the cobs smaller.
> Btw, I don't think plants are close to optimal efficiency in terms of using sunlight. See eg C3 vs C4 plants.
That's true, even photovoltaic panels (which are still far away from their theoretical maximal efficiency) are an order of magnitude more efficient at pulling energy from the sun than plants are. But significantly improving photosynthesis in crop plants is far beyond our current genetic engineering ability.
And I'm not aware of any way to organically fix nitrogen that uses energy outside what is provided by photosynthesis - or gets its energy from digesting dead organic matter, which also doesn't beat the limits of photosynthetic efficiency on a per-acre basis.
I can believe that. However for people who don't want to use nitrogen fertiliser, this might still be useful.
You can see it as an alternative to clover (or manure), that happens to produce eg a bit of grain.