This paper presents findings on the use of HT corn and quality-adjusted herbicide use for 12 key corn producing states using a panel data set for 1986-2008. Our preliminary findings indicate an insignificant impact of HT corn on herbicide use, conditioning or accounting for HT corn with other...

Pesticide use has changed considerably over the past five decades. Rapid growth characterized the first 20 years, ending in 1981. The total quantity of pesticides applied to the 21 crops analyzed grew from 196 million pounds of pesticide active ingredients in 1960 to 632 million pounds in 1981....

We estimate the cost of offsets tied to reductions in the use of nitrogen on U.S. cornfields under the proposed American Clean Energy and Security Act.

Replaced with revised version of paper 04/20/10.

This paper presents findings on the use of HT corn and quality-adjusted herbicide use for 12 key corn producing states using a panel data set for 1986-2008. Our preliminary findings indicate an insignificant impact of HT corn on herbicide use, conditioning or accounting for HT corn with other...

Use of crop biotechnology products, such as genetically engineered (GE) crops with input traits for pest management, has risen dramatically since commercial approval in the mid-1990s. This report addresses several of the economic dimensions regarding farmer adoption of bioengineered crops,...

More than 15 years after their first successful commercial introduction in the United States, genetically engineered (GE) seeds have been widely adopted by U.S. corn, soybean, and cotton farmers. Still, some questions persist regarding the potential benefits and risks of GE crops. The report...

Many previous studies provide pricing models of options on futures spreads. However, none of them fully reflect the economic reality that spreads can stay near full carry for long periods of time. We suggest a new option pricing model that assumes that convenience yield follows arithmetic...

We estimate the cost of post-harvest forward contracting corn and soybeans for January and March delivery from 1980 through 2009. For both corn and soybeans we saw a downward trend in the cost of forward contract for January delivery and we conclude that the cost of forward contracting for...

Results from long-term experimental trials suggest that similar yields and lower costs are possible from organic compared with conventional field crop production, but there is little information about the relative costs and returns on commercial farms. This study examines the structure and...