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An Economic Analysis of No-Till Rotations and Effects on Carbon Sequestration and Long Term Sustainability of Agriculture AgEcon
Janssen, Larry; Harer, Justin.
This study summarizes key economic results from 100 different no-till (NT) crop rotations and a conventional (CT) corn-soybean rotation based on agronomic data from Brookings County, South Dakota for 2001 -2008. A 1200 acre model crop farm was constructed to conduct the farm management budget and simulation analyses. Results indicate: (1) the CT rotation had the highest average net returns, (2) Several four-crop no-till rotations were preferred as producer risk aversion increased, and (3) carbon credit payments would need to be $14 to $36 per acre for the top four NT rotations to be as profitable as the CT rotation.
Tipo: Conference Paper or Presentation Palavras-chave: No-till crop systems; Stochastic simulation; Carbon Credit Payments; Farm Management; Production Economics; Q12.
Ano: 2010 URL: http://purl.umn.edu/61176
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