The Economic Evaluation of Input Use Prescription Maps: Are You Paying to Make Less Profit?

July 17, 2019

The Economic Evaluation of Input Use Prescription Maps: Are You Paying to Make Less Profit?

By Taro Mieno - Asistant Professor in the Department of Agricultural Economics, Grant Gardner - Master's Student in the Department of Agricultural Economics

Technological advances in data collection and analysis engines have made variable rate input use application much more common. Producers typically purchase software that produces site-specific prescription maps or purchase maps from consultants. The process of generating prescriptions maps is typically black-box, i.e. the process is unknown. Does using these purchased maps lead to more profits for producers?

This Cornhusker Economics article discusses a method of verifying the economic profitability of site-specific prescription maps using an on-farm field experiment and statistical and economic analysis.

Continue Reading

Online Master of Science in Agronomy

With a focus on industry applications and research, the online program is designed with maximum flexibility for today's working professionals.

Rows of corn.

Explore our full collection of CropWatch articles.

Explore Articles