Start Date
4-10-2024 9:00 AM
End Date
4-10-2024 9:50 AM
Location
Beacom Hall Room 309
Submission Type
Abstract
Track
Agribusiness
Abstract
This study investigates the effect of cover crops on soybean yield and profit in Illinois. The analysis utilizes a unique and precise field-level panel data set of farmer data combined with weather data for 2015 to 2022. Using a linear fixed effects econometric model, we estimate the effect of cover crops and tillage on yield and profit. We find no difference in yield and a decrease in profit of $40 per acre from using cover crops. No-till systems have a one bushel per acre lower yield than one pass tillage system, but we find no difference in profit.
Included in
Using Field-Level Data to Address Profit and Yield Impacts of Climate-Smart Production Practices: An Application to Soybean Production in Illinois
Beacom Hall Room 309
This study investigates the effect of cover crops on soybean yield and profit in Illinois. The analysis utilizes a unique and precise field-level panel data set of farmer data combined with weather data for 2015 to 2022. Using a linear fixed effects econometric model, we estimate the effect of cover crops and tillage on yield and profit. We find no difference in yield and a decrease in profit of $40 per acre from using cover crops. No-till systems have a one bushel per acre lower yield than one pass tillage system, but we find no difference in profit.
