A PRELIMINARY ECONOMIC ASSESSMENT OF ROUNDUP READY SOYBEANS IN MISSISSIPPI

dc.creatorCouvillion, Warren C.
dc.creatorKari, Fatimah
dc.creatorHudson, Darren
dc.creatorAllen, Albert J.
dc.date2017-04-01T19:22:39Z
dc.date.accessioned2026-07-09T03:15:25Z
dc.descriptionThe advent of genetically altered seed has had a revolutionary effect on the cotton, soybean, and corn seed industries. The basic premise for the use of these seed are to reduce costs through lower applications of chemicals and savings on trips through the field, thus, lowering production costs. Seed companies, however, charge a premium and a fee for use of the seed. This paper compares the costs associated with conventional and roundup ready soybeans. Data were collected from the ACost of Production@ survey of Mississippi producers that is administered by Mississippi State University through the National Agricultural Statistics Service. The survey is a random sample of producers fields that allows for a derivation of the cost of production for each field. The study suggests that while costs reductions can be achieved, the cost savings are offset by the technology fees. The study is based on limited data and points to the need for continued research on the long-run profitability of genetically altered seed to the soybean producers of Mississippi.
dc.identifierdoi:10.22004/ag.econ.15783
dc.identifierhttps://ageconsearch.umn.edu/record/15783/files/rr00-005.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/15783
dc.identifier.urihttp://hdl.handle.net/123456789/529318
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/15783
dc.titleA PRELIMINARY ECONOMIC ASSESSMENT OF ROUNDUP READY SOYBEANS IN MISSISSIPPI
dc.typeText

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