IDEAS home Printed from https://ideas.repec.org/p/ags/aaea01/20691.html
   My bibliography  Save this paper

Risk Analysis of Organic Cropping Systems in Minnesota

Author

Listed:
  • Mahoney, Paul
  • Olson, Kent D.
  • Porter, Paul M.
  • Huggins, David R.
  • Perillo, Catherine A.
  • Crookston, R. Kent

Abstract

When all strategies received conventional market prices, 4-year cropping sequences had greater net returns than 2-year sequences, and the organic input, 4-year strategy had the highest net return. Adding 50% of the estimated organic premium, the 4-year, organic strategy dominated all low- and high-purchased input strategies.

Suggested Citation

  • Mahoney, Paul & Olson, Kent D. & Porter, Paul M. & Huggins, David R. & Perillo, Catherine A. & Crookston, R. Kent, 2001. "Risk Analysis of Organic Cropping Systems in Minnesota," 2001 Annual meeting, August 5-8, Chicago, IL 20691, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea01:20691
    DOI: 10.22004/ag.econ.20691
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/20691/files/sp01ma03.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.20691?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Klonsky, Karen & Tourte, Laura & Thompson, Gary D. & Lohr, Luanne & Krissoff, Barry, 1998. "Emergence Of U.S. Organic Agriculture: Can We Compete?," Faculty Series 16704, University of Georgia, Department of Agricultural and Applied Economics.
    2. Penelope L. Diebel & Jeffery R. Williams & Richard V. Llewelyn, 1995. "An Economic Comparison of Conventional and Alternative Cropping Systems for a Representative Northeast Kansas Farm," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 17(3), pages 323-335.
    3. Chase, Craig A. & Duffy, Michael, 1991. "An Economic Comparison of Conventional and Reduced Chemical Farming Systems in Iowa," Staff General Research Papers Archive 11046, Iowa State University, Department of Economics.
    4. Duram, Leslie A., 1998. "Organic Agriculture in the United States: Current Status and Future Regulation," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 13(2), pages 1-5.
    5. Olson, Kent D. & Weness, Erlin J. & Talley, Dary E. & Fales, Perry A., 1991. "Southwestern Minnesota Farm Business Management Association 1990 Annual Report," Economic Reports 13023, University of Minnesota, Department of Applied Economics.
    6. Olson, Kent D. & Westman, Lorin L., 1992. "Southeastern Minnesota Farm Business Management Association 1991 Annual Report," Economic Reports 13045, University of Minnesota, Department of Applied Economics.
    7. Olson, Kent D. & Westman, Lorin L. & Nordquist, Dale W., 1998. "1997 Annual Report Of The Southeastern Minnesota Farm Business Management Association," Staff Papers 13310, University of Minnesota, Department of Applied Economics.
    8. Dobbs, Thomas L., 1998. "Price Premiums for Organic Crops," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 13(2), pages 1-3.
    9. Georgia Shearer & Daniel H. Kohl & Diane Wanner & George Kuepper & Susan Sweeney & William Lockeretz, 1981. "Crop Production Costs and Returns on Midwestern Organic Farms: 1977 and 1978," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 63(2), pages 264-269.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tzouramani, Irene & Karanikolas, Pavlos & Alexopoulos, George, 2008. "Risk and Income Risk Management Issues for Organic Crops in Greece," 108th Seminar, February 8-9, 2008, Warsaw, Poland 48116, European Association of Agricultural Economists.
    2. Lohr, Luanne & Park, Timothy A., 2002. "Promoting Sustainable Insect Management Strategies: Learning From Organic Farmers," Faculty Series 16650, University of Georgia, Department of Agricultural and Applied Economics.
    3. Lohr, Luanne & Park, Timothy A., 2002. "Choice of insect management portfolios by organic farmers: lessons and comparative analysis," Ecological Economics, Elsevier, vol. 43(1), pages 87-99, November.
    4. Funtanilla, Margil & Lyford, Conrad P. & Wang, Chenggang, 2009. "An Evaluation of the Organic Cotton Marketing Opportunity," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49359, Agricultural and Applied Economics Association.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jahae, Ilona A.M.A. & van Staalduinen, Lanie C., 1992. "Application Of Input-Output Methodology For Local Community Impact Analysis: Swine Production In Redwood County, Minnesota," Staff Papers 13668, University of Minnesota, Department of Applied Economics.
    2. Olson, Kent D. & Huggins, David R. & Porter, Paul M. & Perillo, Catherine A. & Crookston, R. Kent, 1996. "RISKS AND RETURNS IN THE TRANSITION FROM HIGH TO LOW CHEMICAL CROPPING SYSTEMS; Proceedings of the Fifth Joint Conference on Agriculture, Food, and the Environment, June 17-18, 1996, Padova, Italy," Working Papers 14370, University of Minnesota, Center for International Food and Agricultural Policy.
    3. Hurley, Sean P. & Kliebenstein, James B., 1999. "The Potential For Marketing Pork Products With Embedded Environmental Attributes: Results From An Experimental Study," 1999 Annual meeting, August 8-11, Nashville, TN 21598, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Kozloff, Keith, 1990. "An Evaluation Of Options For Micro-Targeting Acquisition Of Cropping Rights To Reduce Nonpoint Source Water Pollution," Staff Papers 13610, University of Minnesota, Department of Applied Economics.
    5. Batie, Sandra S. & Swinton, Scott M. & Schulz, Mary A., 1999. "Fqpa Implementation To Reduce Pesticide Residue Risks: Part I: Agricultural Producer Concerns," Staff Paper Series 11813, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    6. Hirschi, Rick L., 2000. "Organic Row Crops In A Diversified Farm Portfolio," 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia 36478, Western Agricultural Economics Association.
    7. Hudson, Darren & Jones, Tom, 2001. "Willingness to Plant Identity Preserved Crops: The Case of Mississippi Soybeans," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 33(3), pages 475-485, December.
    8. Ashraf J. Zaied & Hatim M. E. Geli & Mohammed N. Sawalhah & Jerry L. Holechek & Andres F. Cibils & Charlotte C. Gard, 2020. "Historical Trends in New Mexico Forage Crop Production in Relation to Climate, Energy, and Rangelands," Sustainability, MDPI, vol. 12(5), pages 1-22, March.
    9. Sonka, Steven T. & Khoju, Madhab R., 1989. "Empirical Studies Of Firm Viability, Profitability, And Growth," 1989 Conference, January 7-10, Tucson, Arizona 260159, Regional Research Committe NC-181: Determinants of Farm Size and Structure.
    10. Taylor, Donald C. & Dobbs, Thomas L. & Smolik, James D., 1989. "South Dakota's Sustainable Agriculture Technology," Economics Staff Papers 232167, South Dakota State University, Department of Economics.
    11. Grannis, Jennifer L. & Hooker, Neal H. & Thilmany, Dawn D., 2000. "Consumer Preference For Specific Attributes In Natural Beef Products," 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia 36406, Western Agricultural Economics Association.
    12. King, Robert P. & Lohano, Heman D., 2006. "Accuracy of Numerical Solution to Dynamic Programming Models," Staff Papers 14230, University of Minnesota, Department of Applied Economics.
    13. Taylor, Donald C. & Dobbs, Thomas L. & Smolik, James D., 1989. "Sustainable Agriculture in South Dakota," Economics Research Papers 232138, South Dakota State University, Department of Economics.
    14. Surender Kumar & Prerna Prabhakar, "undated". "Negative Carbon Leakage : evidence from South Asian Countries," Working papers 106, The South Asian Network for Development and Environmental Economics.
    15. Heman D. Lohano & Robert P. King, 2009. "A Stochastic Dynamic Programming Analysis of Farmland Investment and Financial Management," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 57(4), pages 575-600, December.
    16. Greene, Catherine R. & Kremen, Amy, 2003. "U.S. Organic Farming In 2000-2001: Adoption Of Certified Systems," Agricultural Information Bulletins 33769, United States Department of Agriculture, Economic Research Service.
    17. Olga M. Moreno-Pérez & Amparo Blázquez-Soriano, 2023. "What future for organic farming? Foresight for a smallholder Mediterranean agricultural system," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 11(1), pages 1-24, December.
    18. Olson, Kent D. & Tvedt, Douglas D., 1987. "On Comparing Farm Management Associations And The Farm Population," Staff Papers 13456, University of Minnesota, Department of Applied Economics.
    19. Deaton, Brady J., Jr. & Hoehn, John P., 2003. "Information As A Double-Edge Sword: Implications For Food Standards And Labels," 2003 Annual meeting, July 27-30, Montreal, Canada 22235, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    20. Phillips, Jon C. & Peterson, H. Christopher, 2001. "Demand Overview For Organic Produce," Staff Paper Series 11778, Michigan State University, Department of Agricultural, Food, and Resource Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea01:20691. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.