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Choice of Optimal Planting and Marketing Decisions for Fresh Vegetable Producers: A Mathematical Programming Approach AgEcon
Vassalos, Michael; Dillon, Carl R.; Coolong, Tim.
This study combines whole farm economic analysis with biophysical simulation techniques in order to achieve a twofold objective. First, the study seeks to develop a multiple enterprise vegetable farm model with a production and marketing decision interface and, second, to determine optimal production practices for Kentucky vegetable growers. Three vegetable crops are examined: tomatoes, bell peppers and sweet corn. The findings indicate that the risk associated with vegetable production can be significantly mitigated with diversification of production mix and with a greater number of transplanting dates. However, this reduction in risk comes at a high cost in terms of expected net returns.
Tipo: Presentation Palavras-chave: Vegetable production; Mean-variance; Biophysical simulation; Farm management; Farm Management; C61; C63; D81.
Ano: 2012 URL: http://purl.umn.edu/120016
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