An Economic Evaluation of Conservation Farming Practices for the Central West of NSW

Terence C. Farrell

No 6177, 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia from Australian Agricultural and Resource Economics Society

Abstract: Economic benefits that arise from conservation farming practices need to be assessed over several years to account for improvements in soil structure and nutrient levels. A gross margin model was used to assess benefits over the eight-year period 1999-2006 for 12 regions in the central west of NSW. The annual benefits from improved soil structure ranged from $2.46 to $12.82 per hectare (ha). A reduction in tractor power produced annual savings in the range of $0.60 to $4.05 per ha. The cost of soil compaction by livestock grazing on crop areas ranged from $3.41 to $14.90 per ha. The break-even time to pay back costs for the conversion of machinery for no-till seeding was two to three seasons.

Keywords: Environmental Economics and Policy; Farm Management (search for similar items in EconPapers)
Pages: 21
Date: 2008
New Economics Papers: this item is included in nep-agr and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/6177/files/cp08fa28.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aare08:6177

DOI: 10.22004/ag.econ.6177

Access Statistics for this paper

More papers in 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().