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Relative Profitability And Production Costs Of Post-Crp Alternative Land Uses In South Dakota, Larry Janssen, Martin Beutler, Luarel Venuiszen
Relative Profitability And Production Costs Of Post-Crp Alternative Land Uses In South Dakota, Larry Janssen, Martin Beutler, Luarel Venuiszen
Economics Staff Paper Series
South Dakota (SD) has 2.06 million acres of CRP land with contracts expiring from 1996 - 2002. These CRP lands are 10.5% of cropland acres and 4.6% of land in farms in South Dakota. The major objective is to determine relative profitability of alternative crop and forage uses of post-contract CRP lands in different regions of South Dakota. Crop and forage per acre net returns were heavily influenced by relative productivity of CRP lands. The relative productivity of average CRP land compared to all cropland varies from 76% to 95% in eastern and central SD to 89% - 103% of …
Economic Impact Analysis Of Post-Crp Policy Options In South Dakota, Luarel Venuiszen, Martin Beutler, Larry Janssen
Economic Impact Analysis Of Post-Crp Policy Options In South Dakota, Luarel Venuiszen, Martin Beutler, Larry Janssen
Economics Staff Paper Series
The primary objective of the study was to determine the major economic impacts on South Dakota of alternative future CRP decisions. Three steps were followed to find the economic impacts. First, the relative productivity differences between South Dakota CRP land and South Dakota crop land were determined. County Soil Survey Books and NRCS conservationists provided the necessary information for this step's completion. The second step determined the profitability of post-CRP land uses by sub-state region for three post-CRP policy options. CARE budgeting was employed using relative productivity information to find crop/forage net returns under full CRP, reduced CRP, and no …