What would happen to producer profits if Roundup Ready sugar beet technology was no longer available and how facilitators help Wyoming citizens make group decisions received first and second places in the University of Wyoming’s Reflections magazine.
Reflections highlights research in the College of Agriculture and Natural Resources and is a publication of the Wyoming Agricultural Experiment Station (AES). An anonymous group of faculty members and researchers in the college rank the articles.
Scientists in the Departments of Agricultural and Applied Economics and Plant Sciences found that producers who use Roundup Ready sugar beet seed, and assuming a 2-ton per acre increase because of the technology, gain on average $95 per acre more than if low-cost, conventional tillage and seed was used. If a producerutilizes high-cost, conventional production practices, the Roundup Ready system is $107 more profitable without any yield increase and $223.73 more profitable if assuming a 2-ton/acre yield increase for the Roundup Ready system.
Authors are associate professor Chris Bastian, assistant professor John Ritten, and research scientist Brian Lee, who is based at the James C. Hageman Sustainable Agriculture Research and Extension Center, in the agricultural economics department, and assistant professor Andrew Kniss in plant sciences.