Remember that they are recommending total fert per year - not in one app.
Most guys run 75 to 150 lbs N /Acre/year depending on soil type. It is actually more important to get the right nutrient there at the right time -ie. Nitrate in spring, Potassium in fall. Hops don't require much Phophate, but LOVE micros - FE, CA , Mg, Mn, B, Zn. Pappers and B_Hoppy are right about the composted manure - it feeds and supplies everything without a lot of thought or calculating. You just retest each fall and add what comes up short. Search the web - there are a lot more fert guides out there than Oregons

If you're doing a liquid feed thru dripperline, I use 18-5-9 @ 125 ppm at every irrigation cycle as my base fertilizer. That's based on my alkalinity of about 180 and pH float at 6.2-6.5. Hope this helped- a bit techy but you seem able to use it.