Certainty Equivalent Farm Returns from Bt and Non-Bt Cotton

Annual mean returns and certainty equivalent returns for 1983-2003 were calculated for specified non-Bt cotton (refuge) percentages for a cotton farm of average size in the Mississippi Delta. Certainty equivalents indicate sprays influence mean profits more than the percentage of refuge in a cotton producer's portfolio. This supports an earlier study where returns calculated from both observed and simulated yields indicated, for any given refuge percentage, mean returns were higher with less risk when insecticides were sprayed compared to no insecticide sprays.


Subject(s):
Issue Date:
2006
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/35383
Total Pages:
8
Note:
Replaced with revised version of paper 02/14/06.
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-25

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