Nitrogen (N) fertilizer demand in relation to economic and environmental risks associated with N-fertilizer management are examined. Both nominal and environmental damage-adjusted net returns distributions are evaluated using stochastic dominance analysis. Results suggest that, in the absence of...

Surface-water contamination from agricultural chemicals is a problem in northeast Kansas. The objective of this study is to compare potential atrazine, nitrogen, and sediment loadings from regional conventional and alternative cropping systems. Results indicate that several alternative systems...

The droughts of 1988 and 1989 were a challenge and an opportunity for agricultural economists. Ag economists have in the past and continue in the present to address the information needs of producers and public policy makers that arise during a drought. Considering the role of the Land Grant...

This study compares the effectiveness of two crop insurance plans: an individual farm-yield measurement similar to the current Federal Crop Insurance Corporation multi-peril program and an area-yield measurement method. These methods are examined for reduction in yield and gross farm income...

Six rotations, four of which include a sequence of wheat followed immediately after harvest by double-cropped soybeans, are evaluated with the option of participating in the government commodity program. Stochastic dominance analysis is used to evaluate these rotations for net return risk....

Concerns about the drought of 1988 continuing on into 1989 have lead to increased interest in the use of crop insurance to mitigate the effects of low yields on farm income. This paper analyzes the selection of crop insurance yield guarantee levels and indemnity prices based on risk preferences...