Precision N rates for dryland farming?: Financial analysis of variable-rate Nitrogen (VRN) in the Riverine Plains Region

Thomas Nordblom; Timothy Hutchings; Sosheel Godfrey; Cassandra  Schefe

Precision N rates for dryland farming? Financial analysis of variable-rate Nitrogen (VRN) in the Riverine Plains Region

Thomas Nordblom, Timothy Hutchings, Sosheel Godfrey, Cassandra Schefe

Agricultural, Environmental and Veterinary Sciences

Research output: Book chapter/Published conference paper › Conference paper › peer-review

31 Downloads (Pure)

Abstract

This study focuses on the questions of profitability and risk in dryland precision N rate applications. Poor-repeatability of past yield-rankings observed over time, combined with uncertainty in rainfalls following N applications, reduce predictability of outcomes such that precision N rates performed no better in financial terms than uniform applications.

Original language	English
Title of host publication	63rd AARES Annual Conference proceedings
Publisher	Australasian Agricultural and Resource Economics Society Ltd
Number of pages	35
Publication status	Published - 14 Feb 2019
Event	63rd Annual Conference of the Australasian Agricultural and Resource Economics Society (AARES 2019) - Melbourne Convention and Exhibition Centre , Melbourne, Australia Duration: 12 Feb 2019 → 15 Feb 2019 Conference number: 63rd https://web.archive.org/web/20190202124642/https://www.aares.org.au/imis_prod/AARES2016/Events/2019_Annual_Conference/AARES2016/Event/2019AC/2019AC_Home_Page.aspx?hkey=6354dd3f-4265-4364-b3cd-fa026db77108 (conference website) http://www.aares.org.au/imis_prod/documents/2019AC/AARES-2019-FINAL-PROGRAM.pdf (conference program)

Conference

Conference	63rd Annual Conference of the Australasian Agricultural and Resource Economics Society (AARES 2019)
Abbreviated title	Dynamic change in agriculture and resources
Country/Territory	Australia
City	Melbourne
Period	12/02/19 → 15/02/19
Internet address	https://web.archive.org/web/20190202124642/https://www.aares.org.au/imis_prod/AARES2016/Events/2019_Annual_Conference/AARES2016/Event/2019AC/2019AC_Home_Page.aspx?hkey=6354dd3f-4265-4364-b3cd-fa026db77108 (conference website) http://www.aares.org.au/imis_prod/documents/2019AC/AARES-2019-FINAL-PROGRAM.pdf (conference program)

Grant Number

102349

Access to Document

14Feb-2019-Nordblom,Hutchings,Godfrey,Schefe-AARES 2019Submitted manuscript, 1.73 MB
28662075 published paperFinal published version, 1.73 MB

https://ageconsearch.umn.edu/record/285048

Cite this

@inproceedings{1429dea57dc14e85b8e1d2ee6d901e17,

title = "Precision N rates for dryland farming?: Financial analysis of variable-rate Nitrogen (VRN) in the Riverine Plains Region",

abstract = "This study focuses on the questions of profitability and risk in dryland precision N rate applications. Poor-repeatability of past yield-rankings observed over time, combined with uncertainty in rainfalls following N applications, reduce predictability of outcomes such that precision N rates performed no better in financial terms than uniform applications.",

keywords = "Precision Agriculture, Site-Specific Nitrogen Applications (SSNA), Growing Season Rainfall, EM38, Commodity Prices, Economic Modelling, Financial Modelling, Cumulative Interest, Risk Profile",

author = "Thomas Nordblom and Timothy Hutchings and Sosheel Godfrey and Cassandra Schefe",

year = "2019",

month = feb,

day = "14",

language = "English",

booktitle = "63rd AARES Annual Conference proceedings",

publisher = " Australasian Agricultural and Resource Economics Society Ltd ",

note = "63rd Annual Conference of the Australasian Agricultural and Resource Economics Society (AARES 2019), Dynamic change in agriculture and resources ; Conference date: 12-02-2019 Through 15-02-2019",

url = "https://web.archive.org/web/20190202124642/https://www.aares.org.au/imis_prod/AARES2016/Events/2019_Annual_Conference/AARES2016/Event/2019AC/2019AC_Home_Page.aspx?hkey=6354dd3f-4265-4364-b3cd-fa026db77108, http://www.aares.org.au/imis_prod/documents/2019AC/AARES-2019-FINAL-PROGRAM.pdf",

}

Nordblom, T , Hutchings, T , Godfrey, S & Schefe, C 2019, Precision N rates for dryland farming? Financial analysis of variable-rate Nitrogen (VRN) in the Riverine Plains Region. in 63rd AARES Annual Conference proceedings. Australasian Agricultural and Resource Economics Society Ltd , 63rd Annual Conference of the Australasian Agricultural and Resource Economics Society (AARES 2019), Melbourne, Victoria, Australia, 12/02/19. <https://ageconsearch.umn.edu/record/285048>

Precision N rates for dryland farming? Financial analysis of variable-rate Nitrogen (VRN) in the Riverine Plains Region. / Nordblom, Thomas ; Hutchings, Timothy ; Godfrey, Sosheel; Schefe, Cassandra .

63rd AARES Annual Conference proceedings. Australasian Agricultural and Resource Economics Society Ltd , 2019.

Research output: Book chapter/Published conference paper › Conference paper › peer-review

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