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The Economics of Annual Legume and Double Legume Cover Cropping in Southern Minnesota AgEcon
McLellan, Ashleigh; Carlberg, Jared G..
Using historical data from crop producing farms in southern Manitoba, this study quantifies the economic savings that could be realized by using legumes to supply nitrogen in a cereal-oilseed based rotation. Stochastic budgets are developed for four alternative crop rotations and the returns associated with each are evaluated using the utility-based risk ranking methods of stochastic dominance and stochastic efficiency. It is found that including a legume cover crop in a cereal-oilseed based rotation can reduce the amount of nitrogen required by a subsequent crop and in turn increase the net returns associated with the complete crop rotation.
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; Farm Management; Land Economics/Use; Production Economics; Risk and Uncertainty.
Ano: 2010 URL: http://purl.umn.edu/56561
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