A Yield Sensitivity Analysis of Conventional and Alternative Whole-Farm Budgets for a Typical Northeast Kansas Farm
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This analysis compares net returns of conventional and alternative
agricultural cropping systems in northeast Kansas, with and without government
commodity programs. The highest net return is consistently from the
alternative system, wheat/clover-sorghum-soybeans. Sensitivity analysis
reveals that the economic performances of the alternative systems are
sensitive to yield penalties.