Analysis of Irrigated Corn Production Adoption Decisions in Alabama

James L. Novak, Denis A. Nadolnyak and Richard McNider

No 6756, 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas from Southern Agricultural Economics Association

Abstract: Expanding ethanol markets, abundance of water resources, and predominance of rainfed corn production in Alabama suggest possibility of irrigating cornfields. Numerical analysis shows that irrigated production becomes more preferable with higher corn prices and risk aversion. Adoption threshold is estimated at the price below its current level.

Keywords: Agribusiness; Crop Production/Industries; Land Economics/Use (search for similar items in EconPapers)
Pages: 19
Date: 2008
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeaed:6756

DOI: 10.22004/ag.econ.6756

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