Effects of Quality Considerations and Climate/Weather Information on the Management and Profitability of Cotton Production in the Texas High Plains

Production function models for cotton lint yields, seed yields, turnout, and lint quality characteristics are developed for the Texas High Plains. They are used to evaluate the impacts of quality considerations and of climate/weather information on the management decisions and on the profitability a...

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Veröffentlicht in:Journal of agricultural and applied economics 2002-12, Vol.34 (3), p.561-583
Hauptverfasser: Britt, Megan L., Ramirez, Octavio A., Carpio, Carlos E.
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container_title Journal of agricultural and applied economics
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creator Britt, Megan L.
Ramirez, Octavio A.
Carpio, Carlos E.
description Production function models for cotton lint yields, seed yields, turnout, and lint quality characteristics are developed for the Texas High Plains. They are used to evaluate the impacts of quality considerations and of climate/weather information on the management decisions and on the profitability and risk of irrigated cotton production systems. It is concluded that both quality considerations and improved climatic/weather information could have substantial effects on expected profitability and risk. These effects mainly occur because of changes in optimal variety selection and irrigation water use levels. Quality considerations in particular result in significantly lower irrigation water use levels regardless of the climate/weather information assumption, which has important scarce-resource use implications for the Texas High Plains.
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source AgEcon; Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals
subjects Agricultural commodities
Agricultural production
climatic/weather information
Corn
Cotton
cotton quality
D21
D24
D61
D81
D84
ground water resource use
Irrigation
Management decisions
Marketing
Nitrogen
Profitability
Profits
Rain
risk and uncertainty
Texas High Plains
title Effects of Quality Considerations and Climate/Weather Information on the Management and Profitability of Cotton Production in the Texas High Plains
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