Legumes rely on soil mineral nitrogen (N) and biological N fixation (BNF). The interplay between these two sources is biologically interesting and agronomically relevant as the crop can accommodate the cost of BNF by five non-mutually exclusive mechanisms, whereby BNF: reduces shoot growth and seed yield, or maintains shoot growth and seed yield by enhanced photosynthesis, or reduced root:shoot ratio, or maintains shoot growth but reduces seed yield by reducing the fraction of shoot biomass allocated to seed (harvest index), or reducing concentration of oil and protein in seed. We explore the impact of N application on the seasonal dynamics of BNF, and its consequences for seed yield with emphasis on growth and shoot allocation mechanisms. Trials were established in 23 locations across the US Midwest under four N conditions. Fertilizer reduced the peak of BNF up to 16% in applications at the full flowering stage. Seed yield declined 13 kg ha-1 per % increase in RAUR6. Harvest index accounted for the decline in seed yield with increasing BNF. This indicates the cost of BNF was met by a relative change in dry matter allocation against the energetically rich seed, and in favor of energetically cheaper vegetative tissue.