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The Economics of Annual Legume and Double Legume Cover Cropping in Southern Manitoba

Author

Listed:
  • McLellan, Ashleigh
  • Carlberg, Jared G.

Abstract

Using historical data from crop producing farms in southern Manitoba, this study quantifies the economic savings that could be realized by using legumes to supply nitrogen in a cereal-oilseed based rotation. Stochastic budgets are developed for four alternative crop rotations and the returns associated with each are evaluated using the utility-based risk ranking methods of stochastic dominance and stochastic efficiency. It is found that including a legume cover crop in a cereal-oilseed based rotation can reduce the amount of nitrogen required by a subsequent crop and in turn increase the net returns associated with the complete crop rotation.

Suggested Citation

  • McLellan, Ashleigh & Carlberg, Jared G., 2010. "The Economics of Annual Legume and Double Legume Cover Cropping in Southern Manitoba," 2010 Annual Meeting, February 6-9, 2010, Orlando, Florida 56561, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea10:56561
    DOI: 10.22004/ag.econ.56561
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