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A Two-Stage Approach for Estimating the Value of Damage Control with Fungicide in Soybean Production

Author

Listed:
  • Boyer, Christopher N.
  • Harmon, Xavier
  • Smith, S. Aaron
  • Lambert, Dayton M.
  • Kelly, Heather
  • Jordan, Jamie
  • Newman, Melvin

Abstract

Little is known about the profitability of treating soybean infected with frogeye leaf spot (FLS) with a foliar fungicide. We determine the economic effect of total water applied, growing degree days, and foliar fungicide treatment on FLS severity and yield of soybean MG III, IV, and V with a two-stage severity/treatment outcome model. Data were collected from an 11-year soybean fungicide experiment in Tennessee under high, natural disease pressure. The marginal value product and the breakeven price of soybean for applying a foliar fungicide to treat FLS were estimated for each MG. Applying foliar fungicide reduced FLS severity and increased yields for each MG. The results suggest a profit-maximizing producer would apply a foliar fungicide each year to manage FLS.

Suggested Citation

  • Boyer, Christopher N. & Harmon, Xavier & Smith, S. Aaron & Lambert, Dayton M. & Kelly, Heather & Jordan, Jamie & Newman, Melvin, 2016. "A Two-Stage Approach for Estimating the Value of Damage Control with Fungicide in Soybean Production," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 229574, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea16:229574
    DOI: 10.22004/ag.econ.229574
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    References listed on IDEAS

    as
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