Using Insurance to Enhance Nitrogen Fertilizer Application Timing to Reduce Nitrogen Losses
نویسنده
چکیده
Nitrogen applied before planting is more vulnerable to lobs to the environment than nitrogen applied during the gro~ving season, but the growing season application can increase the risk o f lower yields c;iused by adverse weather that prohibits farmers to cornplete N application. An expected utility framework is used to illustrate the potential econo~nic benefit of insurance for :I farmer to reduce this risk cost. An expected-value variance analysis is used to illustr;~te the potential benefit of insurance to Iowa corn growers who apply N fertilizer only during the growing season.
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