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Economics
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Printable Version |
| Analyzing profitability of alternative farm management practices |
| The suitability of improved fertilizer management practices for farmers depends importantly on the economics of these practices. If new practices do not increase farmers’ profits, they are unlikely to be adopted. Review some basic concepts often used to assess the economic impact of a new technology on farmers. More |
| Balancing fertilizer use and profit |
| As fertilizer prices increase, farmers and policy makers might consider reductions in fertilizer use. But, crop yield is directly related to amount of nutrient taken up by a crop. At some point, less fertilizer use means lower crop yield and less profit for farmers. How much fertilizer use is just right for high profit? More |
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