Profitability and risk analysis of alternative tillage systems in southern Ontario

dc.contributor.advisorWeersink, Alfons
dc.contributor.advisorYang, Wanhong
dc.contributor.authorFrimpong Manso, Patrick
dc.date.accessioned2020-12-03T14:30:08Z
dc.date.available2020-12-03T14:30:08Z
dc.date.copyright2007
dc.degree.departmentDepartment of Agricultural Economics and Businessen_US
dc.degree.grantorUniversity of Guelphen_US
dc.degree.nameMaster of Scienceen_US
dc.description.abstractThe study determined the optimal tillage system by crop and soil type for a hypothetical risk neutral and risk-averse Ontario farmer growing corn, soybeans and wheat. The study used yield distribution data for 27 tillage-crop-soil texture combinations from field experiments adjusted for apparent discrepancies. Generally, medium-textured soils produce higher yields than alternative soil types with crop yields responding positively (negatively) to tillage intensity on heavy (light) textured soils. Rotational, minimum and no-till systems were the most profitable on heavy, medium and light-textured soils respectively. Crop yield of rotational (no-till) can decrease by 2 (5) percent on heavy (light) textured soils and still be competitive with conventional tillage. Using both expected utility and value-at-risk decision criteria, conservation tillage was risk-efficient particularly on medium and light-textured soils. The results suggest that static risk is not a reason for the perceived low adoption rate of conservation tillage and that the rates may be associated with the spatial heterogeneity in soil type.en_US
dc.identifier.urihttps://hdl.handle.net/10214/21517
dc.language.isoen
dc.publisherUniversity of Guelphen_US
dc.rights.licenseAll items in the Atrium are protected by copyright with all rights reserved unless otherwise indicated.
dc.subjecttillage systemen_US
dc.subjectcropen_US
dc.subjectsoil typeen_US
dc.subjectrisk neutralen_US
dc.subjectrisk-averseen_US
dc.subjectOntarioen_US
dc.subjectfarmeren_US
dc.subjectcornen_US
dc.subjectsoybeanen_US
dc.subjectwheaten_US
dc.subjectyield distributionen_US
dc.titleProfitability and risk analysis of alternative tillage systems in southern Ontarioen_US
dc.typeThesisen_US

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