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Registros recuperados: 5
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An Economic Risk Analysis of Tillage and Cropping Systems on the Arkansas Grand Prairie AgEcon
Hignight, Jeffrey A.; Watkins, K. Bradley; Anders, Merle M..
No-till (NT) has been shown to reduce fuel, labor, and machinery costs compared to conventional-till (CT) but very few rice producers in Arkansas practice NT. The low adoption rate is most likely due to difficulties in management but also limited information on the profitability and risk of NT. Most rice producers are knowledgeable on NT costs savings but consider it less profitable due to yield reductions offsetting costs savings. This study evaluates production costs, crop yields, and economic risk of both NT and CT in five rice-based cropping systems (continuous rice, rice-soybean, rice-corn, rice-wheat, and rice-wheat-soybean-wheat). Yields, crop prices, and key input prices are simulated to create net return distributions. Stochastic efficiency...
Tipo: Conference Paper or Presentation Palavras-chave: Cropping systems; Rice; No-till; Certainty equivalent; Risk premium; Crop Production/Industries; Farm Management; Financial Economics; Land Economics/Use; Production Economics; Risk and Uncertainty.
Ano: 2010 URL: http://purl.umn.edu/56354
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Optimal Nitrogen Fertilization Rates in Winter Wheat Production as Affected by Risk, Disease, and Nitrogen Source AgEcon
Roberts, Roland K.; Walters, Jeremy T.; Larson, James A.; English, Burton C.; Howard, Donald D..
Interactions among the nitrogen (N) fertilization rate, N source, and disease severity can affect mean yield and yield in conservation tillage wheat production. A Just-Pope model was used to evaluate the effects of N rate, N source, and disease on the spring N fertilization decision. Ammonium nitrate (AN) was the utility-maximizing N source, regardless of risk preferences. The net-return-maximizing AN rate was 92 lb N/acre, providing $0.52/acre higher net returns than the best alternative N source (urea). If a farmer could anticipate a higher-than-average Take-All Root Rot infection, the difference in optimal net returns between AN and urea would increase to $35.11/acre.
Tipo: Journal Article Palavras-chave: Certainty equivalent; Blume-Blotch; Nitrogen fertilizer; Nitrogen source; Risk; Take-All; Winter wheat; D21; D81; Q12.
Ano: 2004 URL: http://purl.umn.edu/43444
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Certainty Equivalent Farm Returns from Bt and Non-Bt Cotton AgEcon
Banerjee, Swagata (Ban); Martin, Steven W..
Replaced with revised version of paper 02/14/06.
Tipo: Conference Paper or Presentation Palavras-chave: Bt cotton; Certainty equivalent; Insecticide; Refuge; Returns; Risk; Simulated yield; Spray; Farm Management.
Ano: 2006 URL: http://purl.umn.edu/35383
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Subsurface Drip Irrigation Versus Center-Pivot Sprinkler for Applying Swine Effluent to Corn AgEcon
Carreira, Rita I.; Stoecker, Arthur L.; Epplin, Francis M.; Hattey, Jeffory A.; Kizer, Michael A..
A risk-averse irrigated corn producer would be better off choosing the more expensive subsurface drip irrigation (SDI) over center-pivot sprinkler (CPS), given limited aquifer life and swine effluent and urea fertilization. A stochastic optimization using EPIC data maximized expected utility of 100 years' worth of net revenues for a quarter section. Phosphorus accumulation was more likely with the CPS than with the SDI but soil nitrogen was constant under both systems. SDI conserves more water than CPS per acre but depletes the aquifer faster because a greater area is irrigated. These results were invariant in the sensitivity analysis.
Tipo: Journal Article Palavras-chave: Aquifer depletion; Center-pivot sprinkler irrigation; Certainty equivalent; Corn irrigation; Mathematical programming; Risk; Stochastic optimization; Subsurface drip irrigation; Crop Production/Industries; C61; C65; Q12; Q30; Q53.
Ano: 2006 URL: http://purl.umn.edu/43783
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Assessing the Impacts of Soil Carbon Credits and Risk on No-Till Rice Profitability AgEcon
Watkins, K. Bradley; Hignight, Jeffrey A.; Anders, Merle M..
Rice is a major cash crop in eastern Arkansas, but most rice acres are intensively cultivated and grown on rented land. No-till is an effective means of sequestering soil carbon and reducing greenhouse gas emissions, and economic incentives exist for no-till in the form of carbon credits. Studies evaluating the economic potential of carbon credits focus on producers only and do not take into consideration the landlord’s perspective. This analysis evaluates the profitability and risk efficiency of no-till management and carbon credits in Arkansas rice production from the prospective if the landlord using simulation and stochastic efficiency with respect to a function (SERF). The results indicate carbon credits may have potential to enhance preference for...
Tipo: Conference Paper or Presentation Palavras-chave: Certainty equivalent; Landlord; No-till; Rice; Risk premium; Farm Management; Production Economics; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/45806
Registros recuperados: 5
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