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Temporal Frequency Of Soil Test Information Effects On Returns To Potassium Fertilization In Cotton Production

Author

Listed:
  • HARMON, XAVIER
  • BOYER, CHRISTOPHER N.
  • LAMBERT, DAYTON M.
  • LARSON, JAMES A.

Abstract

Little research exists on the optimal temporal frequency between soil tests, given empirical data on potassium (K) carryover and its interaction with cotton yield. We evaluate how decreasing the temporal frequency between obtaining K soil test information affects the net present value (NPV) of cotton production. Monte Carlo simulation was used to determine NPV for cotton production using five soil test schedules ranging from soil testing annually to every fifth year. NPV of returns to K was maximized at $7,580/ac. when producers updated soil testing information every 2 years, which was $2/ac. per year greater than annual soil testing.

Suggested Citation

  • Harmon, Xavier & Boyer, Christopher N. & Lambert, Dayton M. & Larson, James A., 2017. "Temporal Frequency Of Soil Test Information Effects On Returns To Potassium Fertilization In Cotton Production," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 49(2), pages 251-272, May.
  • Handle: RePEc:cup:jagaec:v:49:y:2017:i:02:p:251-272_00
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    Cited by:

    1. Boyer, Christopher N. & Griffith, Andrew P. & Pohler, Ky G., 2020. "Improving Beef Cattle Profifitability by Changing Calving Season Length," Journal of Applied Farm Economics, Purdue University, vol. 3(01), January.
    2. Boyer, Christopher M. & McFarlane, Zach McFarlane & Mulliniks, Travis & Griffith, Andrew P., "undated". "Simulating Calving Season Length Impact on Beef Cattle Profitability," 2018 Annual Meeting, August 5-7, Washington, D.C. 274107, Agricultural and Applied Economics Association.

    More about this item

    JEL classification:

    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets

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