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Upadhyay, Bharat Mani; Smith, Elwin G.; Clayton, George; Harker, Neil. |
This study evaluates profitability and risk associated with eighteen different management decisions for canola production in Alberta. Expected payoff from cultivar selection outweighs the payoff from time of seeding and from time of weed control. Expected payoff was higher from hybrid compared to inbred cultivars. Early spring seeding was more profitable than fall or mid-May seeding. A typical decision in the sample showed positive and significant upper limit risk-expected return tradeoffs. The generalized stochastic dominance analysis revealed that early spring seeding was dominant over fall and mid-May seeding across all risk averse and risk neutral farmers. Weed control at the six-leaf stage was risk efficient for a risk averter. A risk neutral farmer... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Risk and Uncertainty. |
Ano: 2004 |
URL: http://purl.umn.edu/34193 |
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Upadhyay, Bharat Mani; Smith, Elwin G.; Favret, M. Lucila. |
Fertilizer recommendations seldom account for agro-climatic conditions, which are important factors that determine the response to fertilizer and the optimal rate of fertilizer. The nitrogen fertilizer response to open pollinated and hybrid canola types will also impact optimal nitrogen rates. This study used quantile regression to model canola yield response to nitrogen fertilizer. Quantile regression can apply different weights to the residuals, facilitating a response estimation where the agro-climatic conditions are not limiting and the yield response is due to the variable of interest. The economically optimal levels of fertilizers were calculated using the proposed and the conventional least squares procedures of the two canola types in western... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries. |
Ano: 2006 |
URL: http://purl.umn.edu/34183 |
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Smith, Elwin G.; Upadhyay, Bharat Mani. |
Agriculture can potentially contribute to Canada meeting its commitment to reduce net greenhouse gas (GHG) emissions under the Kyoto protocol. A representative crop - livestock feeding farm on the Canadian prairies is used to estimate the cost of net GHG abatement, taking into account CO2 equivalent emissions and carbon sequestration. Optimal cropping systems use direct seeding and continuous cropping, production systems that have lower net GHG emissions. Livestock feeding uses rations with high energy concentration (grain based) because they are more profitable and also produce less methane per animal than forage based diets. Reducing tillage is the least costly means of lowering net emissions ($20/t CO2 eq.), followed by reducing cattle feeding ($32/t... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/34165 |
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Upadhyay, Bharat Mani; Smith, Elwin G.. |
Accurately modeling crop yield distributions is important for estimation of crop insurance premiums and farm risk-management decisions. A major challenge in the modeling has been due to small sample size. This study evaluated potentials of L-moments, a recent concept in mathematical statistics, in modeling crop yield distribution. Five candidate distributions were ranked for describing the wheat yields. The selected distribution was robust for small sample and was invariant to de-trending. The result was consistent with that from the maximum likelihood and goodness-of-fit method. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries. |
Ano: 2005 |
URL: http://purl.umn.edu/34161 |
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Upadhyay, Bharat Mani; Young, Douglas L.. |
This study analyses short and long term safety first business risk associated with twenty six no-till transition strategies across four types of farms in eastern Washington. Risk of transition failure generated from risk averse criteria are also contrasted with a risk neutral criterion. Results revealed (1) that speeds of adoption have a larger effect than drill acquisition sequences in successful transition, (2) high equity farm have higher chance of success, and (3) slow acreage expansion with a custom or rental drill is preferred until yield penalty is eliminated. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management; Risk and Uncertainty. |
Ano: 2003 |
URL: http://purl.umn.edu/35992 |
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