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THE ECONOMICS OF REFUGE DESIGN FOR BT CORN AgEcon
Hyde, Jeffrey; Martin, Marshall A.; Preckel, Paul V.; Dobbins, Craig L.; Edwards, C. Richard.
Planting Bt corn on large areas may lead to European corn borer (ECB) resistance to Bt. Scientists recommend planting a non-Bt corn refuge as part of a resistance management strategy. Different refuge configurations may impact farm profits differently. This paper analyzes the economics of alternative refuge configurations in Indiana.
Tipo: Conference Paper or Presentation Palavras-chave: Bt Corn; Refuges; European corn borer; Research and Development/Tech Change/Emerging Technologies.
Ano: 1999 URL: http://purl.umn.edu/21519
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The Value of Bt Corn in Southwest Kansas: A Monte Carlo Simulation Approach AgEcon
Hyde, Jeffrey; Martin, Marshall A.; Preckel, Paul V.; Buschman, Lawrent L.; Edwards, C. Richard; Sloderbeck, Phillip E.; Higgins, Randall A..
While most Corn Belt farmers consider planting Bt corn to control European corn borer, southwestern Kansas farmers must also take into account an array of other insect pests, including corn rootworm, spider mites, and southwestern corn borer. This research uses a decision analysis framework to estimate the expected economic value of Bt corn in southwest Kansas. Mean per acre Bt values ranged from $12.49 to $34.60, well above the technology fee assumed to be $14 per unit, or $5.25 per acre at a seeding rate of 30,000 seeds per acre. The minimum value over all scenarios was $8.69 per acre. Using Monte Carlo simulation, it was shown that European and southwestern corn borer infestation probabilities, expected corn price, and expected pest-free yields are...
Tipo: Journal Article Palavras-chave: Bt corn; Decision analysis; European corn borer; Integrated pest management; Monte Carlo simulation; Southwestern corn borer; Crop Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/30721
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Economic Evaluation of Bt Corn Refuge Insurance AgEcon
Mitchell, Paul D.; Hurley, Terrance M.; Hellmich, Richard L..
The EPA has imposed mandatory refuge requirements for Bt crops to prolong the efficacy of Bt. Growers have no economic incentive to plant the required refuge because refuge crops are on average less productive and more risky. This paper evaluates refuge insurance—insurance thatpays indemnities for yield losses on refuge due to insect damage—as a tool to increase grower compliance incentives. We determine actuarially fair insurance premiums, then evaluate the feasibility of private provision of refuge insurance and its impact on grower incentives to comply with refuge requirements. A private market for refuge insurance appears unlikely because our analysis suggests that even a 2 percent load on the actuarially fair premium makes growers unwilling to buy...
Tipo: Working or Discussion Paper Palavras-chave: Bt corn; Crop insurance; Refuge crops; Pest-resistant management; European corn borer; Yield loss; Crop Production/Industries; Risk and Uncertainty.
Ano: 2000 URL: http://purl.umn.edu/18565
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ESTIMATING THE VALUE OF BT CORN: A SURVEY AgEcon
Hyde, Jeffrey; Martin, Marshall A.; Preckel, Paul V.; Edwards, C. Richard; Dobbins, Craig L..
This document contains a survey used to gather data for use in estimating the value of Bt corn within a particular region. The survey instrument is provided in an appendix. The body of this paper provides background information regarding the survey and contact information for questions.
Tipo: Working or Discussion Paper Palavras-chave: Bt corn; European corn borer; Southwestern corn borer; Economic benefits; Crop Production/Industries.
Ano: 2000 URL: http://purl.umn.edu/28661
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