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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
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    File URL: https://ageconsearch.umn.edu/record/20691/files/sp01ma03.pdf
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    References listed on IDEAS

    as
    1. Olson, Kent D. & Westman, Lorin L., 1991. "Southeastern Minnesota Farm Business Management Association 1990 Annual Report," Economic Reports 13076, University of Minnesota, Department of Applied Economics.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. 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.
    7. 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.
    8. 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.
    9. 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.
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    Cited by:

    1. 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.
    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. 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.
    4. 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.

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