The purpose of this study is to compare and contrast the profitability of different dairy management practices through precision livestock farming. Feed analysis and crop yields were simulated. Mathematical model was used for profit maximization. The results indicated that the proposed...

Precision deep tillage allows for lower use of tillage though recognized variation with in a field. Comparative enterprise budgets, breakeven, and sensitivity analysis were preformed to prove that under long-term no-till conditions precision deep tillage can be a profitable form of tillage that...

This paper provides a theoretical analysis for the optimal portfolio of weather index and individual crop insurance in farm level under mean-variance framework and stresses the impacts of risk aversion level, transaction cost, and basis risk. An empirical application of corn farms in Todd county...

Recent increases in fertilizer, particularly nitrogen, and fuel price have resulted in increased production cost for farmers. In this paper a farm level production model that compare uniform and variable rate fertilizer (NPK) application is developed that permits an analysis of the economic...

This study estimates the carbon footprint of a Henderson County, Kentucky grain farmer under different production strategies; traditional farming and precision agriculture technologies. Four constrained optimization, whole farm analysis models were formulated under no-till conditions. One of the...

This study combines whole farm economic analysis with biophysical simulation techniques in order to achieve a twofold objective. First, the study seeks to develop a multiple enterprise vegetable farm model with a production and marketing decision interface and, second, to determine optimal...

Growers’ preferences for a number of marketing contract attributes as well as the effect of growers’ risk perception and risk preferences on the choice of marketing contracts were examined with the use of a choice experiment. The main data source for the study is a mail survey administrated...

One of the potential management practices of precision agriculture (PA) is the capability of varying input application rate across a field. A potential benefit of that practice is the reduction in yield variability. Temporal reduction in yield variability can also be achieved through irrigation...

A warehouse location model was utilized in order to expand upon previous research. The aim was to more accurately depicting the optimal location for an agribusiness firm providing precision agriculture technologies in the state of Kentucky. It was determined that the optimal solution was...

The objective of this project is to develop economic, risk management decision aids for precision agriculture practitioners to identify temporal risk spatially from production. Break-even analysis, coefficient of variation and a mean variance framework are used to identify risk. An...