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Registros recuperados: 10 | |
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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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Watkins, K. Bradley; Hignight, Jeffrey A.; Beck, Paul A.; Anders, Merle M.; Hubbell, Donald S., III; Gadberry, Shane. |
This study evaluates both the profitability and risk efficiency of grazing stocker steers on conservation tillage winter wheat pasture using simulation and stochastic efficiency with respect to a function (SERF). Average daily gains are simulated for steers grazed on conventional tillage (CT), reduced tillage (RT) and no-till (NT) winter wheat pasture. Steer price distributions and prices for key production inputs such as diesel, fertilizer, and glyphosate are also simulated. Stocker steer net return distributions by tillage treatment are constructed and ranked for risk efficiency using SERF. The results indicate the NT system is the most profitable and most risk efficient of the three tillage systems, followed by the RT system. Both conservation tillage... |
Tipo: Conference Paper or Presentation |
Palavras-chave: No-till; Profitability; Reduced tillage; Risk; SERF; Stocker grazing; Winter wheat; Farm Management; Production Economics. |
Ano: 2010 |
URL: http://purl.umn.edu/56356 |
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Watkins, K. Bradley; Lu, Yao-Chi; Huang, Wen-Yuan. |
This study evaluates the long-term profitability and environmental impacts of variable rate versus uniform nitrogen application in seed potato production with nitrogen carry-over effects included. Seed potato yields were simulated for four different areas of a field using the EPIC crop growth model. A dynamic optimization model was used to determine optimal steady-state nitrogen levels for each area and the entire field. Average nitrogen losses and economic returns were evaluated for both uniform and variable rate nitrogen fertilizer. Variable rate nitrogen application was found to be unprofitable for the field when compared to uniform nitrogen application. Nitrogen losses for the field were about the same under both strategies. The results indicate... |
Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy. |
Ano: 1998 |
URL: http://purl.umn.edu/31207 |
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Watkins, K. Bradley; Hignight, Jeffrey A.; Anders, Merle M.. |
This study evaluated the impacts of farm size and stochastic return variability on no-till (NT) rice profitability at the whole-farm level. Mixed integer programming was used to determine optimal machinery complements, fuel consumption, and machinery labor requirements for conventional till (CT) and NT rice-soybean farms of 1200, 2400, and 3600 acres in size. Crop yields, market prices, and prices for key production inputs were simulated to construct stochastic whole-farm net returns for each farm size under CT and NT management, and both first and second degree stochastic dominance analysis were used to rank cumulative distribution functions of whole-farm returns according to specified risk preferences. The results indicate NT farms exhibit second degree... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Mixed integer programming; No-till; Profitability; Rice; Risk; Simulation; Stochastic dominance; Whole-farm; Farm Management; Production Economics; Risk and Uncertainty. |
Ano: 2011 |
URL: http://purl.umn.edu/98733 |
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Watkins, K. Bradley; Hristovska, Tatjana; Anders, Merle M.. |
Irrigation fuel costs represent a significant portion of rice production expenses. Multiple inlet (MI) irrigation represents a water saving alternative to conventional flood irrigation. This study uses simulation to calculate the range of monetary benefits to MI in rice production. Water savings from MI relative to conventional flood irrigation along with rice yields, rice prices, and prices for key production inputs (diesel and fertilizer) are simulated, and stochastic rice net returns above variable and fixed expenses are calculated for different pump lifts with and without MI. Monetary benefits to MI are measured as the difference in net returns with and without MI. The results indicate MI monetary benefits depend greatly on pump lift and the presence... |
Tipo: Presentation |
Palavras-chave: Cost; Cumulative distribution functions; Multiple inlet irrigation; Net return; Rice; Stochastic; Farm Management. |
Ano: 2012 |
URL: http://purl.umn.edu/119655 |
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Registros recuperados: 10 | |
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