Evaluating profitability of soil-renovation investments under crop rotation constraints in Finland

Purola, Tuomo; Lehtonen, Heikki

doi:10.1016/j.agsy.2019.102762

Cited by 13 publications

(6 citation statements)

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“…The PBPs of additional investment in LTP tires will vary when the costs of tires and gross values of crops are changed. This indicates that at higher prices and opportunity costs involved, farmers will require more extended periods for a return on their investment (Purola & Lehtonen, 2020). The sensitivity test demonstrated that if the grain were half the baseline level and tire prices triple the baseline level, per hectare AE increase would be dropped, compared to the mean AE obtained in baseline level prices of grains and tires; however, farmers would still receive profit using LTP tires.…”

Section: Discussionmentioning

confidence: 99%

“…The value of $30 ha −1 reported in 1992 is approximately $45 ha −1 in 2019, according to the Producer Price Index for maize (U.S. Bureau of Labor Statistics, 2021). Purola and Lehtonen (2020) showed that an investment in soil management measures, such as subsoiling, adding wood fiber, and green manuring to mitigate soil compaction at a 5.0% discount rate, increased the NPV value. This indicates that the substantial increase in grain yield and, thus, gross income attributed to the use of low tire inflation pressure systems resulted in an increase in NPV and PI of the additional investment.…”

Section: Discussionmentioning

confidence: 99%

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An economic appraisal of the effect of tire inflation pressure for alternative tillage systems on a silty clay loam soil

Shaheb,

Misiewicz,

Godwin

et al. 2023

Agronomy Journal

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Compacting soil has an adverse effect on soil properties, decreases crop productivity, and subsequently reduces farm income. Low tire inflation pressure (LTP) help in managing soil compaction and protecting the soil environment; however, there is scant economic data available on LTP in US Midwest farming systems. Hence, a 3‐year study investigated the effects of LTP, compared to tires inflated to the standard tire inflation pressure systems, on crop yield and farm economy for a typical maize/soybean rotation. The effect of the two tire inflation pressure systems was factorialized with three tillage systems: deep tillage (DT, 450 mm), shallow tillage (ST, 100 mm), and no‐till systems. The results showed that LTP systems increased maize (Zea mays) yield by 4.51% (2017) and 2.70% (2018) and soybean (Glycine max) by 3.70% in 2018. Annual earnings for both 200‐ and 800‐ha farms increased for all tillage systems with LTP tires based on a partial budget analysis. The payback periods for LTP tires were very short, ranging from 0.32 years for DT on an 800‐ha farm to 1.18 years for ST on a 200‐ha farm. The net present value of the higher returns with LTP tires was substantial, especially for the DT system. This study shows a strong economic benefit from investments in LTP tires on silty clay loam soils in the US Midwest.

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Section: Discussionmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

An economic appraisal of the effect of tire inflation pressure for alternative tillage systems on a silty clay loam soil

Shaheb,

Misiewicz,

Godwin

et al. 2023

Agronomy Journal

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“…However, for increase sustainable food production, it is crucial to intensification and diversification of cropping systems in agriculture (Tilman et al 2011) [2]. Also, it is equally important for food security and sustainable nutritional balance for smallholders' farmers who particularly face the challenges especially socioeconomic difficulties [3][4][5].…”

Section: Cropping Pattern Is a Big Challenge In Bangladeshmentioning

confidence: 99%

A Participatory Approach: Climate Change Perceptions and Adaptation Strategies of Small-holder Farmers in Bangladesh

Easmin¹

2022

IJECC

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One of the global challenges to sustainability in this age of climate change is how to sustain the growing population by providing services to increase food production from farmland. The purpose of this study was to investigate farmers' perceptions of agriculture adaptation strategies, acceptance of tuber crops as adoption in adverse climatic conditions and the constraints on them in relation to climate change. Finding from the study research will bring advantages for small-holder farmers with the community-based approach (PRA method) which may develop action plan, perception about the climate change in the case of 150 Upazila in 60 districts of Bangladesh. It is also demonstrated the farmers insights of climate change and agriculture adaptation tactics and their limitations on them in relation to climate change. Most of the participants didn't read or perceive {literacy rate in project area was 68.4% (MSVSB 2019, BBS)} such as climate change, global climate change, temperature change etc. as an issue or development and adaptation problem and expected given the restricted knowledge base community members had concerning climate change. About average percentage of the participant was thirty-three of men and twenty of women in a group from 150 Upazila in 60 districts who were concern about the board range of challenges that were summarized into six broad unranked categories. Key finding exposed that from PRA analysis, few of the farmers do understand climate to be dynamical issues, however, mostly participants did cultivation with different varieties with their seasonal patterns (i.e., longer and warmer dry seasons and shorter and a lot of intense rainy seasons) and ready to cultivate tuber crops in adverse climatically condition. It is evaluated and ranked the different ways to observed the cultivation of tuber crops which can contribution to climate change adaptation (scale ranging based on climate change adaptation and from very low to high potential). Mitigation and adaptation strategies and constraints, cropping systems incorporating risks and adaptations possibility assessment is a simultaneous study effort as climate change-resilient farming and cropping systems that undergo continuous changes with the changing environment, farming culture, and technological innovations. This study stated that farmer perception of global climate change was surveyed and compared to the actual acquaintance to observe that they might not much influence adaptation. Research outcome would be contributing to our inclusive understanding of climate change and adaptation among vulnerable in project area.

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“…outlays on fixed assets for environmental protection outlays on fixed assets for water management X 1 total gross value of fixed assets (in mln PLN) X 2 average farm area (ha) X 3 sale of land from the National Center for Agricultural Support (thousand hectares) X 4 employed persons in agriculture (in thousands) X 5 gross domestic product increase (%)…”

Section: Number Of Variable Specificationmentioning

confidence: 99%

“…However, food demand is increasing worldwide and it is a challenge to feed the world's population. The sustainable intensification of agriculture can help to address this problem and to improve the environmental impacts of agriculture [2,3]. Agriculture will have to increase its productivity to feed the growing and more urban populations, particularly in sub-Saharan Africa (SSA) and South Asia [4].…”

Section: Introductionmentioning

confidence: 99%

Investments in Polish Agriculture: How Production Factors Shape Conditions for Environmental Protection?

et al. 2020

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In recent years, social and economic goals have been preferable compared to environmental issues. However, global problems with the environment, increasing pollution, and gas heating emissions have made environmental issues a major priority. Suddenly, human beings have realized that environmental investments are needed to maintain better world conditions for future generations. This article investigates the development of agricultural investment in the context of production factors in Polish voivodeships in the years 2000–2018. Farmers have to choose between investing and developing production or being more environmentally friendly and invest on a smaller scale or transform their farms into organic production. Moreover, the investment in environmental protection in Poland was analyzed. Investment outlays on fixed assets for environmental protection and outlays on fixed assets for water management were investigated. The level of investment has changed since Poland joined the EU. With membership, Poland gained access to new markets and technology. Particular attention has been focused on production factors (land, capital, and the work force). We have conducted as a proxy regular regression analysis and after panel regression to measure the impact of the chosen factors on explained variables: investment outlays in agriculture, and investment outlays per 1 ha of agricultural land. We have used correlation analysis to examine the relations between explanatory variables and total gross investment in agriculture and total investment outlays in agriculture per 1 ha of agricultural land, outlays on fixed assets for environmental protection, and outlays on fixed assets for water management. Our analysis confirms that explanatory variables are important in shaping total investment outlays in agriculture and total investment outlays per 1 ha of agricultural land.

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Evaluating profitability of soil-renovation investments under crop rotation constraints in Finland

Cited by 13 publications

References 30 publications

An economic appraisal of the effect of tire inflation pressure for alternative tillage systems on a silty clay loam soil

An economic appraisal of the effect of tire inflation pressure for alternative tillage systems on a silty clay loam soil

A Participatory Approach: Climate Change Perceptions and Adaptation Strategies of Small-holder Farmers in Bangladesh

Investments in Polish Agriculture: How Production Factors Shape Conditions for Environmental Protection?

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