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Risk And Sustainable Agriculture: A Target-Motad Analysis Of The 92-Year "Old Rotation"

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  • Novak, James L.
  • Mitchell, Charles C., Jr.
  • Crews, Jerry R.

Abstract

Target-MOTAD was used to assess the risks and returns of sustainable cotton crop rotations from Auburn University's 92-year "Old Rotation." Study results analyze rotations of continuous cotton, with and without winter legumes; two years of cotton-winter legumes-corn, with and without nitrogen fertilization; and three years of cotton-winter legumes-corn and rye-soybeans double-cropped. Ten years of observations on deviations from target income were used to identify optimal sustainable rotation(s). Study results suggest that diversification in rotations, as well as in crops, results in the least risk for a given level of target income.

Suggested Citation

  • Novak, James L. & Mitchell, Charles C., Jr. & Crews, Jerry R., 1990. "Risk And Sustainable Agriculture: A Target-Motad Analysis Of The 92-Year "Old Rotation"," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(1), pages 1-10, July.
    • Handle: RePEc:ags:sojoae:29905
    DOI: 10.22004/ag.econ.29905
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    File URL: https://ageconsearch.umn.edu/record/29905/files/22010145.pdf
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    References listed on IDEAS

    as
    1. Francis McCamley & James B. Kliebenstein, 1987. "Describing and Identifying the Complete Set of Target MOTAD Solutions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(3), pages 669-676.
    2. William J. Brown, 1987. "A Risk Efficiency Analysis of Crop Rotations in Saskatchewan," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 35(2), pages 333-355, July.
    3. McCamley, F. P. & Kliebenstein, James, 1987. "Describing and Identifying the Complete Set of Target Motad Solutions," Staff General Research Papers Archive 10625, Iowa State University, Department of Economics.
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    Cited by:

    1. Maynard, Leigh J. & Harper, Jayson K. & Hoffman, Lynn D., 1997. "Impact Of Risk Preferences On Crop Rotation Choice," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 26(1), pages 1-9, April.
    2. Eihab Fathelrahman & Mohamed Gheblawi & Safdar Muhammad & Emily Dunn & James C. Ascough & Timothy R. Green, 2017. "Optimum Returns from Greenhouse Vegetables under Water Quality and Risk Constraints in the United Arab Emirates," Sustainability, MDPI, vol. 9(5), pages 1-11, April.
    3. Gebremedhin, Berhanu & Schwab, Gerald, 1998. "The Economic Importance Of Crop Rotation Systems: Evidence From The Literature," Staff Paper Series 11690, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    4. Foster, Thomas H., 1991. "Farm Level Impacts Of Reduced Chemical Use On Southern Agriculture: Discussion," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 23(1), pages 1-3, July.
    5. Harris, Thomas R. & Seung, Chang K. & Narayanan, Rangesan, 2001. "Targeting Economic Diversification: An Application of Target MOTAD Procedures," The Review of Regional Studies, Southern Regional Science Association, vol. 31(2), pages 197-215, Fall.

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    Keywords

    Risk and Uncertainty;

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