Herbicide Application Rates: Risk Premiums with Environmental Implications

Raymond E. Massey

No 35261, 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida from Southern Agricultural Economics Association

Abstract: This paper examines the role of risk aversion in setting herbicide label rates and application rates. Companies establish label rates to be efficacious for a wide range of conditions. The use of reduced rates of herbicide offer the opportunity to increase farm profit and reduce herbicide use, an environmental benefit.

Keywords: Crop Production/Industries; Environmental Economics and Policy; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 16
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeaso:35261

DOI: 10.22004/ag.econ.35261

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