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Economics of the Wet Fractionation System in Alfalfa Harvesting
Author(s) -
Schoney Richard A.,
McGuckin J. Thomas
Publication year - 1983
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1240335
Subject(s) - fractionation , dewatering , dominance (genetics) , moisture , silage , environmental science , stochastic dominance , agronomy , pulp and paper industry , agricultural engineering , mathematics , chemistry , biology , geography , engineering , econometrics , meteorology , geotechnical engineering , biochemistry , organic chemistry , gene
The Wet Fractionation System nearly eliminates the risk of weather damage and harvesting delays by substituting mechanical dewatering for field drying in the low moisture silage harvesting process. Bid prices for the wet fractionation are estimated based on stochastic dominance over conventional techniques. Results indicate that the wet fractionation system has significant potential only on large, highly productive Wisconsin dairy farms, but has little economic potential for the majority of dairy farms.