Identifying Least Cost Sources of Required Fertilizer Nutrients

Bruce Babcock, M. E. Rister, Ronald D. Kay and J. A. Wallers

Staff General Research Papers Archive from Iowa State University, Department of Economics

Abstract: Agricultural producers should evaluate trade-offs between application costs and blending fees when applying two or more fertilizer mixtures to satisfy their "ex ante" fertilizer requirements in an economical manner. This decision situation is modeled using a linear programming procedure designed for practical use as a computerized decision-making aid. Results from a trial application of the methodology suggest this aid can be of significant value to producers confronted with such decisions

Date: 1984-01-01
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Published in American Journal of Agricultural Economics 1984, vol. 66, pp. 385-391

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