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Many studies on the adoption of precision technologies have generally used logit models to explain the adoption behavior of individuals. This study investigates factors affecting the intensity of precision agriculture technologies adopted by cotton farmers. Particular attention is given to the...
Persistent link: https://www.econbiz.de/10009201406
This study suggests that confidence intervals for WASDE forecasts of corn, soybean, and wheat prices may be improved if they are estimated using an empirical approach. Empirical confidence intervals are calculated following Williams and Goodman's (1971) method and use historical forecast errors...
Persistent link: https://www.econbiz.de/10005804786
Research has evaluated the relative profitability of variable-rate (VRT) versus uniform-rate (URT) application of a single input in fields with multiple management zones. This study addresses map-based VRT decisions for multiple inputs in fields with multiple management zones. The...
Persistent link: https://www.econbiz.de/10005805401
Replaced with revised version of paper 10/23/07.
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Revised version of the paper submitted 2/11/2010
Persistent link: https://www.econbiz.de/10008922449
We estimate a bivariate probit model with sample selection to identify factors affecting adoption and abandonment of precision farming technologies for cotton farmers, using the 2009 Southern Cotton Precision Farming Survey conducted in 12 Southern states in the United States. Farmers for whom...
Persistent link: https://www.econbiz.de/10008922684
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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...
Persistent link: https://www.econbiz.de/10011167474