Economics of Yield and Returns Variability with Dryland Cotton Cropping Systems

Authors

  • Blake Bennett
  • Marty Middleton
  • Eduardo Segarra
  • J. Wayne Keeling

Keywords:

wheat, sorghum, stochastic dominance

Abstract

Cotton production in the Texas High Plains region accounts for 15 to 18% of the total cotton production in the United States. About half of the cotton in this region is grown under dryland conditions. Although much of the cotton in the alternative cropping systems are becoming increasingly accepted. The objective of this study was to evaluate the relative economic performance of the conventional tillage dryland cotton production system and several conservation tillage dryland cotton production systems on the Texas High Plains. The net economic returns to six feasible dryland cropping systems were ranked using stochastic dominance with respect to a function. Four conservation cropping systems (reduced tillage continuous cotton, wheat-cotton reduced tillage, sorghum-cotton reduced tillage, and no-till continuous cotton) are confirmed to be superior to the widely accepted conventional cotton cropping system. These four conservation systems increased stability and profitability over the conventional tillage system. Hence these alternatives are options that producers should consider as conservational tillage systems in dryland cotton production and may be better suited to producer risk preferences than conventional practices.

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Published

2016-10-10

How to Cite

Bennett, B., Middleton, M., Segarra, E., & Keeling, J. W. (2016). Economics of Yield and Returns Variability with Dryland Cotton Cropping Systems. Texas Journal of Agriculture and Natural Resources, 10, 65–76. Retrieved from https://txjanr.agintexas.org/index.php/txjanr/article/view/233

Issue

Section

Research Articles