1. Estimating Economically Optimal Levels of Nitrogen Fertilizer in No-Tillage Continuous Corn
- Author
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Villacis, Alexis H., Ramsey, A. Ford, Delgado, Jorge A., Alwang, Jeffrey R., Villacis, Alexis H., Ramsey, A. Ford, Delgado, Jorge A., and Alwang, Jeffrey R.
- Abstract
Stochastic plateau production functions provide improved fertilizer recommendations based on multi-year agronomic experiments where weather and other stochastic variables change over time. This research assesses the profitability of no-tillage corn production in northeastern Colorado and determines economically optimal nitrogen fertilizer rates. It also proposes an alternative parameterization of the linear response stochastic plateau model which provides a robustness check against traditional parameterizations. Results show the current use of nitrogen fertilizer in the area exceeds estimated economically optimal levels. This suggests that a reduction in nitrogen use could increase expected profits and simultaneously reduce environmental costs.
- Published
- 2020
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