Knowledge of relationships between variation in early plant growth and soil nutrient supply is needed for effective site‐specific management of no‐till fields. This study assessed relationships between soil test phosphorus (STP) and potassium (STK) with early plant growth and P or K content of young corn(Zea maysL.) and soybean[Glycine max(L.) Merr.] plants in eight no‐till fields. Composite soil (0–15 cm depth) and plant (V5‐V6 growth stages) samples were collected from 400‐m2areas at the center of 0.14‐ha cells of a 16‐cell square grid and from 2‐m2areas spaced 3 m along each of two 150‐m intersecting transects. Correlation, regression, multivariate factor analyses were used to study the relationships between the variables. Variability was higher for samples collected from the transects. Plant dry weight (DW), P uptake (PU), and K uptake (KU) usually were correlated with STP and STK but the correlations varied markedly among fields. Relationships between soil and plant variables could not always be explained by known nutrient sufficiency levels for grain production. Plant P concentration (PC) was not always correlated with STP and sometimes it increased linearly with STP, but other times increased curvilinearly until a maximum was reached. Plant K concentration (KC) usually was correlated with STK, however, and increased linearly with increasing STK even in fields with above‐optimum STK. The results suggest greater susceptibility of early growth to STP than to STK and greater plant capacity to accumulate K compared with P over a wide range of soil nutrient supplies. Variation in STK likely is a major direct cause of variation in KC over a wide range of conditions but variation in STP is not likely a major direct cause of variation in PC when high STP predominates.