The Economic Costs And Optimal Machinery For Cover Crops In Kentucky
Robert Ellis
No 345984, Agricultural Economics Society (AES) 98th Annual Conference, The University of Edinburgh, Edinburgh, UK, March 18-20, 2024 from Agricultural Economics Society (AES)
Abstract:
This paper uses a linear-programming resource allocation model combined with sequencing and machinery selection to optimize the practices and machinery utilization of a Kentucky grain farm. After establishing a base model, further models were developed to evaluate the adoption of cover crops into a traditional row crop system. This was accomplished through maximizing returns over selected costs at various acreage adoption levels. Additionally, a decision tool was developed to assess the costs related to cover crop adoption. The results show a $30 per acre cost to adopt 1000 acres of cover crops when no benefits were considered.
Keywords: Crop Production/Industries; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 28
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aes324:345984
DOI: 10.22004/ag.econ.345984
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