Cover crops, farm economics, and policy

Gary D. Schnitkey, Sarah C. Sellars and Laura F. Gentry

Applied Economic Perspectives and Policy, 2024, vol. 46, issue 2, 595-608

Abstract: Cover crops have many environmental benefits, including nutrient sequestering, soil health improvements, carbon dioxide removal, and biodiversity increases. Yet, farmers often do not receive enough benefits to warrant planting cover crops, particularly when they have no prior experience with managing cover crops. Therefore, public policies supporting cover crop use may be justified because of the positive externalities of cover crops are greater than the social cost of cover crop programs. Current Federal programs do not provide enough funding to elicit large cover crop use. We present a Federal program designed to increase cover crop use.

Date: 2024
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https://doi.org/10.1002/aepp.13404

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Persistent link: https://EconPapers.repec.org/RePEc:wly:apecpp:v:46:y:2024:i:2:p:595-608

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