An Economic Evaluation of Beneficial Management Practices for Crop Nutrients in Canadian Agriculture
Environmental risk management is the process of measuring and/or assessing environmental risk and developing strategies to manage it. One strategy used in Canadian agriculture to manage environmental risk is the implementation of beneficial management practices (BMPs). This paper provides a summary of a larger research project which explored farm profitability before and after participation in beneficial management practices, specifically those related to crop nutrients. Based on producer perceptions and the assumptions used in this analysis, the results of this study indicate that the majority of the selected BMPs, including soil testing, minimum tillage, no-till and nutrient management planning, improved profitability for the representative farms. The profitability of farms using variable rate fertilization depended on the crop grown and the province in which the BMP was practiced. In all cases, the models suggested that buffer strips reduced expected net revenue. To maximize profitability, a producer needs to consider all aspects of their farm. Prosperity will depend not only on applying best practices to their operation, but to the environment as well.
|Date of creation:||2007|
|Date of revision:|
|Contact details of provider:|| Web page: http://caes.ca/|
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Fuglie, Keith O., 1999. "Conservation Tillage And Pesticide Use In The Cornbelt," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 31(01), April.
When requesting a correction, please mention this item's handle: RePEc:ags:caes07:10249. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.