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Cost of Meeting Manure Nutrient Application Standards in Hog Production: The Roles of EQIP and Fertilizer Offsets
Author(s) -
Ribaudo Marc,
Cattaneo Andrea,
Agapoff Jean
Publication year - 2004
Publication title -
applied economic perspectives and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.4
H-Index - 49
eISSN - 2040-5804
pISSN - 2040-5790
DOI - 10.1111/j.1467-9353.2004.00192.x
Subject(s) - fertilizer , manure , production (economics) , nutrient , environmental science , agricultural economics , business , agricultural engineering , economics , agronomy , engineering , ecology , biology , microeconomics
The Environmental Protection Agency requires concentrated animal feeding operations to develop and implement a comprehensive nutrient management plan. Changes in manure management to meet nutrient application standards will increase production costs. Some of these costs can be offset by savings from replacing commercial fertilizer with manure nutrients, and through financial assistance programs such as the U.S. Department of Agriculture's Environmental Quality Incentives Program (EQIP). A manure application cost model was used to examine the costs to confined hog farms of meeting nutrient application standards, and the ability of fertilizer offsets and EQIP to reduce these costs.