A Two-Stage Approach for Estimating the Value of Damage Control with Fungicide in Soybean Production

Little is known about the profitability of treating soybean infected with frogeye leaf spot (FLS) with a foliar fungicide. We determine the economic effect of total water applied, growing degree days, and foliar fungicide treatment on FLS severity and yield of soybean MG III, IV, and V with a two-stage severity/treatment outcome model. Data were collected from an 11-year soybean fungicide experiment in Tennessee under high, natural disease pressure. The marginal value product and the breakeven price of soybean for applying a foliar fungicide to treat FLS were estimated for each MG. Applying foliar fungicide reduced FLS severity and increased yields for each MG. The results suggest a profit-maximizing producer would apply a foliar fungicide each year to manage FLS.


Subject(s):
Issue Date:
2016
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/229574
JEL Codes:
Q12




 Record created 2017-04-01, last modified 2017-08-28

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)