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A Whole Farm Analysis of the Implications of Variable Maturity Groups on Harvest Logistics and Net Returns

Published online by Cambridge University Press:  01 June 2017

B. Martin ,
C. Dillon ,
T. Mark  and
T. Davis
B. Martin*
Affiliation:
Department of Agricultural Economics, University of Kentucky, Lexington, KY, USA
C. Dillon
Affiliation:
Department of Agricultural Economics, University of Kentucky, Lexington, KY, USA
T. Mark
Affiliation:
Department of Agricultural Economics, University of Kentucky, Lexington, KY, USA
T. Davis
Affiliation:
Department of Agricultural Economics, University of Kentucky, Lexington, KY, USA
*
†E-mail: [email protected]
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Abstract

A whole farm economic analysis was performed to maximize net returns utilizing variable maturity groups of corn and soybeans over different soil types. Demand for drying and storage equipment throughout harvest was generated based on profit-maximizing combinations of grain types, their respective maturity groups, and yield potential over different topsoil depths. Two marketing strategies were considered: cash and futures contract sales. It was found that drying equipment became a limiting factor in the proposed system. This prevented storage facilities from reaching full capacity and additional grain from capturing value in the futures market.

Keywords

farm managementmaturity groupharvest logisticsspecialty grains
Type
Economics
Information
Advances in Animal Biosciences , Volume 8 , Special Issue 2: Papers presented at the 11th European Conference on Precision Agriculture (ECPA 2017), John McIntyre Centre, Edinburgh, UK, July 16–20 2017 , July 2017 , pp. 668 - 671
Copyright
© The Animal Consortium 2017 

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