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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 |
Farm Economics - Simulation Analysis
There is an apparent lack of user-friendly tools to rapidly assess economic risks in Asia's smallholder farming environments. Public and private sector extension agents require up-to-date information on the impact of commodity prices (fertilizers, produce), seasonal variation in climate, or new technologies (e.g. nutrient management strategies) - to name a few - on farmers’ input requirements and net benefit. We propose developing analytical tool kits combining representative socio-economic farm surveys with simulation analysis for standard scenarios. In the following, we summarize selected features and requirements of simulation analysis using the maize example from Lampung. More
Farm Economics - Evaluation of SSNM
Many Countries in Asia have started replacing existing blanket fertilizer recommendations for vast areas with rice, maize, or wheat with more site-specific guidelines adapted to local needs.This process was accompanied with a shift from traditional on-station research to on-farm development and evaluation of novel practices. A key challenge faced by the local extension agencies remains the extrapolation of results as budgets commonly limit the number of on-farm trials with farmer participatory evaluation. In the following we describe strategies that could be used to overcome such limitations using a case study from Indonesia. More
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