The Economics of Applying Nutrient-Dense Livestock Waste at Low Rates
William Lazarus and
Robert G. Koehler
Review of Agricultural Economics, 2002, vol. 24, issue 1, 141-159
The economics of applying swine manure is analyzed from the different perspectives of a producer and a custom manure applicator. The analysis shows that the fertilizer savings that result from lowering the application rate and covering more acres may cover the cost of the applicator investment. The role of the custom applicator needs to be considered in the design of policies for discouraging overapplication of manure. The model developed in this study would be useful in identifying combinations of per-gallon custom charges and per-acre application rates that allow both the producer and the custom applicator to prosper. Copyright 2002, Oxford University Press.
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