Optimal nitrogen fertilization rates in winter wheat production as affected by risk, disease, and nitrogen source
Roberts, R.; Walters, J.; Larson, J.; English, B.; Howard, D.
Journal of agricultural and applied economics 36(1): 199-211
Interactions among the nitrogen (N) fertilization rate, N source, and disease severity can affect mean yield and yield variance in conservation tillage wheat production. A Just-Pope model was used to evaluate the effects of N rate, N source, and disease on the spring N-fertilization decision. Ammonium nitrate (AN) was the utility-maximizing N source, regardless of risk preferences. The net-return-maximizing AN rate was 92 lb N/acre, providing $0.52/acre higher net returns than the best alternative N source (urea). If a farmer could anticipate a higher-than-average Take-All Root Rot infection, the difference in optimal net returns between AN and urea would increase to $35.11/acre.