Producers interested in precision agriculture lack information on the profitability of variable rate technology (VRT) systems for agricultural sprayers. A partial budgeting framework was developed to evaluate the level of input savings required to pay for investments in VRT. To illustrate this...

Accumulation of nitrates in hay can be toxic to cattle, and managing nitrate levels in hay production could be costly. We determine the price premium a hay producer needs to receive for cattle-safe, low-nitrate hay to continued managing nitrate levels. Profit-maximizing nitrogen rates were...