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Evaluating The Economic Costs And Land Value Implications Of Implementing Cover Crops In Kentucky, Robert C. Ellis
Evaluating The Economic Costs And Land Value Implications Of Implementing Cover Crops In Kentucky, Robert C. Ellis
Theses and Dissertations--Agricultural Economics
This thesis is comprised of two essays regarding the costs and impact of land values due to cover crops. This first essay uses a linear-programming resource allocation model combined with sequencing and machinery selection to optimize the practices and machinery utilization of a hypothetical western Kentucky grain farm. This was accomplished through maximizing returns over selected costs at various acreage adoption levels. Additionally, a decision tool was developed to assess the costs related to cover crop adoption. The results show a $30 per acre cost to adopt 1000 acres of cover crops when no benefits were considered. The second essay …