I think the recycling of nutrients is what is lacking here("mining" is very accurate). Most but not all US farming involves removal of crop residues (straw, etc.) These organisms will need food, the residues...
Nitrogen fixating bacteria are well known. Soil microrhyzae form symbiotic relationships with plant roots to enhance nutrient uptake on many plants. Commercial preparations are available for different groups of plants. As these are living organisms they need to be provided with soil conditions that do not inhibit their growth (ie soil drench fungicides).
My limited knowledge of soil chemistry has been tested at our nursery where I tried to balance- water quality/Ph, soil Ph, and fertilazation practices. I can only say that it is not as easy as it seems. Reactions of plants to nutrient availability are varied. I find majors(NPK) to not be the limiting factors but rather, magnesium, sulfur, iron, and calcium.
The most limited nutrient will make the deficiencies appear. Boron for hazelnuts comes to mind as a major factor in yield. Nut farmers add boron with foliar applications at critical times.
There is also a greater focus on silica, for overall plant health and cell structure.

Best wishes to greater understanding (my own included)!
D

Here in Iowa low till and no till practices have been the norm for the last twenty years. Anything that isn't being sold to the elevator is left on the field and gently tilled in for the next year.

Wow! Good. Here in Oregon they take the wheat and then the straw for animal bedding. Same with grass seed(big crop for us here)

Here they grow corn and soy beans in rotating. Wheat plantings are small and always grown to get the straw - the wheat itself is considered a by product. I'm sure its done differently in other parts of the world ... straw is a crop, too.