analysis to assess potential economic benefits of wtm by si h. w. belcher michigan state university

Download Analysis to Assess Potential Economic Benefits of WTM by SI H. W. Belcher Michigan State University

If you can't read please download the document

Upload: noreen-powell

Post on 18-Jan-2018

219 views

Category:

Documents


0 download

DESCRIPTION

Why Farmers were interested in converting drainage systems to subirrigation. Biggest question - would it make them money?

TRANSCRIPT

Analysis to Assess Potential Economic Benefits of WTM by SI H. W. Belcher Michigan State University Study Objective Develop a means of easily examining the economic feasibility of subirrigation. Why Farmers were interested in converting drainage systems to subirrigation. Biggest question - would it make them money? Constraints easy to use flexible allow site specific application Annual Cost of System Capital Cost Operation: Labor, Power Maintenance Annual Income Increase = value of yield increase SI-ECON Example Example (continued) What If - Market Price What If - Capital Cost Conclusions SI often provides increase yield for field corn / soybean rotations grown in Michigan. Increased yield may not result in increased profit. SI-ECON provides a means of easily evaluating the economic feasibility of SI on a site by site basis.