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Long-Term Profitabiltiy Of Animal Manure Using Optimal Nitrogen Application Rate

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Listed:
  • Park, Seong Cheol
  • Stoecker, Arthur L.
  • Hattey, Jeffory A.
  • Turner, Jason Clemn

Abstract

Dynamic optimization compared the NPV of manure and ammonium fertilizers on irrigated corn. Yield, soil residual nitrogen and pH functions were estimated from a six year experiment in Oklahoma. Results show that given prices of corn and nitrogen fertilizer, animal manures provide a higher NPV of return than ammonia fertilizer.

Suggested Citation

  • Park, Seong Cheol & Stoecker, Arthur L. & Hattey, Jeffory A. & Turner, Jason Clemn, 2007. "Long-Term Profitabiltiy Of Animal Manure Using Optimal Nitrogen Application Rate," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34830, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeasm:34830
    DOI: 10.22004/ag.econ.34830
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    File URL: https://ageconsearch.umn.edu/record/34830/files/sp07pa04.pdf
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    References listed on IDEAS

    as
    1. Léonard,Daniel & Long,Ngo van, 1992. "Optimal Control Theory and Static Optimization in Economics," Cambridge Books, Cambridge University Press, number 9780521331586, November.
    2. Robert Innes, 2000. "The Economics of Livestock Waste and Its Regulation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(1), pages 97-117.
    3. Norwood, F. Bailey & Luter, Ryan L. & Massey, Raymond E., 2005. "Asymmetric Willingness-to-Pay Distributions for Livestock Manure," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 30(3), pages 1-18, December.
    4. Nunez, Jennifer & McCann, Laura M.J., 2004. "Crop Farmers' Willingness to Use Manure," 2004 Annual meeting, August 1-4, Denver, CO 19932, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    1. Harper, David C. & Lambert, Dayton M. & Larson, James A. & Gwathmey, C. Owen, 2012. "Potassium carryover dynamics and optimal application policies in cotton production," Agricultural Systems, Elsevier, vol. 106(1), pages 84-93.
    2. 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.
    3. Harmon, Xavier & Boyer, Christopher N. & Lambert, Dayton M. & Larson, James A. & Gwathmey, C. Owen, 2016. "Comparing the Value of Soil Test Information Using Deterministic and Stochastic Yield Response Plateau Functions," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 41(2), May.

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