The economic value of on-farm precision experimentation

D. S. Bullock, T. Mieno

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Researchers have begun showing that the exact same technology that allows farmers to implement variable rate N application can also be used to run agronomic experiments on their own farms. Thus, farmers may run agronomic experiments and then refine their current N application rates based on the information obtained through the experiments. Monte Carlo simulations were conducted of the dynamic optimization problem of when to switch from on-farm field trials to site-specific management to maximize the net present value of the stream of profits for a given period of time. Results were that on-farm field trials can be highly valuable to farmers, depending on their current N application practice.

Original languageEnglish (US)
Title of host publicationPrecision Agriculture 2019 - Papers Presented at the 12th European Conference on Precision Agriculture, ECPA 2019
EditorsJohn V. Stafford
PublisherWageningen Academic Publishers
Pages817-823
Number of pages7
ISBN (Electronic)9789086863372
DOIs
StatePublished - Jan 1 2019
Event12th European Conference on Precision Agriculture, ECPA 2019 - Montpellier, France
Duration: Jul 8 2019Jul 11 2019

Publication series

NamePrecision Agriculture 2019 - Papers Presented at the 12th European Conference on Precision Agriculture, ECPA 2019

Conference

Conference12th European Conference on Precision Agriculture, ECPA 2019
CountryFrance
CityMontpellier
Period7/8/197/11/19

Keywords

  • Economic value
  • On-farm experimentation

ASJC Scopus subject areas

  • Agronomy and Crop Science
  • Computer Science Applications

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  • Cite this

    Bullock, D. S., & Mieno, T. (2019). The economic value of on-farm precision experimentation. In J. V. Stafford (Ed.), Precision Agriculture 2019 - Papers Presented at the 12th European Conference on Precision Agriculture, ECPA 2019 (pp. 817-823). (Precision Agriculture 2019 - Papers Presented at the 12th European Conference on Precision Agriculture, ECPA 2019). Wageningen Academic Publishers. https://doi.org/10.3920/978-90-8686-888-9_101