Changes in Producers’ Perceptions of Within-Field Yield Variability after Adoption of Cotton Yield Monitors
Roland Roberts (),
James Larson () and
Kenneth W Paxton
Journal of Agricultural and Applied Economics, 2013, vol. 45, issue 2, 18
This article investigates how information from cotton yield monitors influences the perceptions of within-field yield variability of cotton producers. Using yield distribution modeling techniques and survey data from cotton producers in 11 southeastern states, we find that cotton farmers who responded to the survey tend to underestimate within-field yield variability (by approximately 5–18%) when not using site-specific yield monitor information. Results further indicate that surveyed cotton farmers who responded to a specific question about yield monitors place a value of approximately $20/acre/year (on average) on the additional information about within-field yield variability that the yield monitor technology provides.
Keywords: Production Economics; Risk and Uncertainty (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:149093
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