Abstract
We analyze the effects of crop insurance and the Marketing Loan Program on optimal nitrogen use and acreage allocation for a case cotton–sorghum farm in Texas. A mathematical programming model is used to solve for the optimal nitrogen fertilizer rate, crop acreage allocation, coverage level, and price election factor, along with participation in the crop insurance and the Marketing Loan Program for both crops. Results show that depending on the crop and farmer risk aversion, these federal risk management programs increase or decrease optimal fertilizer rates –6% to 3%, increase optimal cotton acreage 94% to 144%, and decrease sorghum acres up to 50%.
Abstract from the paper’s OpenAlex record, shown for indexing and research. Copyright remains with the authors or the publisher. Read at the source ↗
The text the model read, with the source record’s inline markup (italics, sub- and superscripts) rendered and its character entities decoded; quote offsets refer to the raw text.
Claims 3
Claim · model-written summary
Risk programs changed optimal fertilizer rates from a 6% decrease to a 3% increase, depending on crop and risk aversion.
- Taxon
- Cotton–Sorghum
Gossypium hirsutum
Sorghumt0 - Treatment
- federal risk management programse0
- Outcome
- optimal fertilizer ratese0
- Direction
- increase or decreasee0
- Value
- –6% to 3%e0
- Qualifier
- depending on the crop and farmer risk aversione0
Not reportedComparator
Organisms pictured · Representative pictures of the matched species, not figures from the paper.
Verbatim
e0“depending on the crop and farmer risk aversion, these federal risk management programs increase or decrease optimal fertilizer rates –6% to 3%”
t0“Cotton–Sorghum”
Claim · model-written summary
Risk programs increased optimal cotton acreage by 94% to 144%.
- Taxon
- cottonGossypium hirsutume0
- Treatment
- federal risk management programse0
- Outcome
- optimal cotton acreagee0
- Direction
- increasee0
- Value
- 94% to 144%e0
Not reportedComparator
Organisms pictured · Representative pictures of the matched species, not figures from the paper.
Verbatim
e0“these federal risk management programs increase or decrease optimal fertilizer rates –6% to 3%, increase optimal cotton acreage 94% to 144%”
Claim · model-written summary
Risk programs decreased sorghum acreage by up to 50%.
- Treatment
- federal risk management programse0
- Outcome
- sorghum acrese0
- Direction
- decreasee0
- Value
- up to 50%e0
Not reportedComparator
Organisms pictured · Representative pictures of the matched species, not figures from the paper.
Verbatim
e0“these federal risk management programs increase or decrease optimal fertilizer rates –6% to 3%, increase optimal cotton acreage 94% to 144%, and decrease sorghum acres up to 50%”