Profitability of Glyphosate-Resistant Sugarbeet Production in Whole Farm Systems
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A Linear Programming model coupled
with Monte Carlo simulation compares
the profitability of glyphosate-resistant
(GR) and conventional sugarbeet
systems for a case farm in Southeast
Wyoming. The optimal combination
of cropping mixtures maximizing total
farm profitability is determined based
on varying crop and input prices as well
as rotational constraints impacting the
potential acres of GR sugarbeet. If
restrictions on GR sugarbeet occur,
producers are better off to grow at least
some conventional sugarbeet in their
rotation. Profitability reductions would
likely not be as great as partial budget
analyses might indicate if no sugarbeet
were available, although much more
variable.
